CharmedWhisper
Sun Jun 09 2024
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7 answers
1356
Which banks are crypto friendly in UAE?｜The most famous banks in the field of working with cryptocurrencies in the UAE are , while Dubai Islamic Bank and Abu Dhabi Islamic Bank are among the representatives of popular Islamic banking.First Abu Dhabi Bank, Emirates NBD and Mashreq
Could you elaborate on which banks in the United Arab Emirates (UAE) are considered crypto-friendly? I've heard that Dubai Islamic Bank and Abu Dhabi Islamic Bank are renowned for their Islamic banking practices, but I'm also interested in First Abu Dhabi Bank, Emirates NBD, and Mashreq. Could you provide more details about these institutions and their approach to cryptocurrencies? Are there any specific services or policies that make them stand out in this area?
Luca
Sun Jun 09 2024
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7 answers
2214
Do I pay tax on crypto in Hong Kong?｜Unlike other countries, , so you don't pay taxes on profits from simply buying and selling cryptocurrencies. However, individuals who trade frequently are still subject to tax payments.Hong Kong has no capital gains tax on cryptocurrency
Do I need to pay taxes on cryptocurrency transactions in Hong Kong? Unlike some other countries, is it true that I won't be taxed on profits generated solely from buying and selling cryptocurrencies in Hong Kong? However, I've heard that individuals who trade frequently are still required to pay taxes. Can you clarify this? Also, does Hong Kong levy any capital gains tax on cryptocurrency?
Margherita
Sun Jun 09 2024
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7 answers
1701
Which country has lowest crypto tax?
Which country, do you think, currently boasts the lowest cryptocurrency tax rate? Is there a particular jurisdiction that stands out as being particularly tax-friendly to crypto investors and traders? I'm interested in knowing if there's a specific country where crypto taxes are minimal, or if the tax landscape varies widely from one country to another. Could you provide some insight into this matter? Additionally, are there any factors that investors should consider when choosing a country for their crypto activities based on tax rates?
CryptoPioneer
Sun Jun 09 2024
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5 answers
982
Can I use Binance in Dubai?｜Some of the crypto exchanges and Bitcoin trading platforms in Dubai and the UAE are eToro, OKX, HTX (formerly Huobi) and Binance. Bitcoin brokers in the UAE, such as Rain, OKX, Uphold, Bybit and Binance, are regulated by the UAE Financial Services Regulatory Authority (FSRA) or the Abu Dhabi Global Market (ADGM).
Could you please clarify if it's permissible to utilize Binance in Dubai? I've read that Dubai and the UAE have crypto exchanges and Bitcoin trading platforms like eToro, OKX, HTX (previously known as Huobi), and Binance. Additionally, Bitcoin brokers in the UAE, such as Rain, OKX, Uphold, Bybit, and Binance, are being regulated by either the UAE Financial Services Regulatory Authority (FSRA) or the Abu Dhabi Global Market (ADGM). Given this information, am I allowed to use Binance in Dubai?
KDramaLegend
Sun Jun 09 2024
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7 answers
1424
Which country is leading in cryptocurrency?｜Note that if we were to rank countries based on their actual number of crypto owners, , China would rank second at 59 million people, and the U.S. would rank third at 52 million people.India would rank first at 93 million people
Could you please enlighten me as to which nation currently holds the leading position in the realm of cryptocurrency? It's noteworthy that if we were to assess the standing of various countries solely based on the actual count of individuals owning cryptocurrencies, China would occupy the second spot with approximately 59 million crypto owners, while the United States would follow closely at third place, boasting 52 million crypto enthusiasts. However, it appears that India has taken the lead, boasting a staggering figure of 93 million crypto owners. Am I understanding this correctly?
