Dubai launching crypto valley in tax-free zone

Pedro Gonçalves
clock • 2 min read

Dubai is planning to establish a cryptocurrency valley with special terms in the country's free zone where there is no personal or corporate income tax. Designed to foster growth, collaboration and integrity across the global blockchain economy, the DMCC Crypto Valley will be the world's largest ecosystem for cryptographic, blockchain and distributed ledger technologies. Dubai Multi Commodities Centre (DMCC), a Dubai government-backed entity has teamed up with Switzerland's Crypto Valle...

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