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United Arab Emirates : The Most Crypto Friendly Country In The World?! by teesart

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· @teesart · (edited)
$8.47
United Arab Emirates : The Most Crypto Friendly Country In The World?!
The news of Binance's CEO relocating to Dubai, United Arab Emirates has sorta raised some conversations on if the country is the most crypto friendly country in the world and why it is important to pay close attention to UAE's development and crypto affairs. 

![img_0.14666315163898974](https://images.ecency.com/DQmed6WiGWUFTRHxjsLj98QJ2Y3gXpgzb7TCVtCrHdwDZMF/img_0.14666315163898974.jpg)
[Image source ](https://coingeek.com/uae-securities-regulator-approves-digital-currency-trading-in-dubai-free-zone/)

It's no news that UAE has embraced the blockchain technology whole heartedly and had created infrastructures to support the growth of cryptocurrencies in the the country.  Many businesses now accept cryptos as a form of payment, events are sponsored by crypto firms, crypto projects launched by renowned citizens, complexes are built with the aim of just being a crypto hub and most importantly,  schools have begun teaching the technology and accepting cryptos as a means of payment. In my opinion, the country has showed so much positive interest in cryptos than any other country in the world and I feel it is the perfect place in the world to explore and enjoy the wonders of cryptos. 

While of course the country has its reputation for some not so good policies and conspiracies, I believe they've always had the future of their citizens and residents in mind and most of their actions are taken to help relief their citizens from life's troubles and to give a better life for example, the no tax rule of UAE that enables both citizens and residents live a tax free life. I personally think this is one major reason why CZ relocated to the country, to avoid paying tax and also to avoid regulations that may be hostile to his business. 

This isn't the first time we hear of individuals and firms moving to UAE wit the intentions of tax evasion but in all honesty, the country seems like an Utopia in the making and appears to treat cryptos as an important part of human existence and the future. Many crypto firms are also moving to the country's hot cities like Dubai and Abu Dhabi which kind makes me think, UAE could be the world's most crypto friendly country in the making.
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 28 others
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@gangstalking ·
Watch out for the human traffickers at hivefest. You wont know it until its too late. STAY AWAY! Beware, traffickers can be women or men! They will act nice until they dont. There is human trafficking going on around this type of crypto. I have witnessed it. They literally have attempted my murder and are trying to kill me with V2K and RNM. Five years this has been happening to me, it started here, around people that are still here. Homeland security has done nothing at all, they are not here to protect us. Dont we pay them to stop shit like this? The NSA, CIA, FBI, DHS, Police and our Government has done nothing. Just like they did with the Havana Syndrome, nothing. Patriot Act my ass. The American government is completely incompetent. The NSA should be taken over by the military and contained Immediately for investigation. I bet we can get to the sources of V2K and RNM then. https://ecency.com/fyrstikken/@fairandbalanced/i-am-the-only-motherfucker-on-the-internet-pointing-to-a-direct-source-for-voice-to-skull-electronic-terrorism ..... https://ecency.com/gangstalking/@acousticpulses/electronic-terrorism-and-gaslighting--if-you-downvote-this-post-you-are-part-of-the-problem if you run into one of them you may want to immediately shoot them in the face. 187, annihilate, asphyxiate, assassinate, behead, bleed, bludgeon, boil, bomb, bone, burn, bury, butcher, cap, casket, choke, chop, club, crucify, crush, curb, decapitate, decimate, deflesh, demolish, destroy, devein, disembowel, dismember, drown, electrocute, eliminate, end, euthanize, eviscerate, execute, explode, exterminate, extinguish, finish, fry, grind, guillotine, gut, hack, hang, hit, ice, implode, incinerate, kill, liquidate, lynch, massacre, maul, microwave, mutilate, neutralize, obliterate, off, pop, poison, punnish, quarter, ruin, shank, shock, shoot, shred, skin, slay, slaughter, smoke, smother, snipe, snuff, squish, stab, strangle, stone, suffocate, suicide, SWAT, swing, terminate, torture, terrorize, whack, waste, wreck. You better fucking kill me.
👎  
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@gangstalking ·
Watch out for the human traffickers at hivefest. You wont know it until its too late. STAY AWAY! Beware, traffickers can be women or men! They will act nice until they dont. There is human trafficking going on around this type of crypto. I have witnessed it. They literally have attempted my murder and are trying to kill me with V2K and RNM. Five years this has been happening to me, it started here, around people that are still here. Homeland security has done nothing at all, they are not here to protect us. Dont we pay them to stop shit like this? The NSA, CIA, FBI, DHS, Police and our Government has done nothing. Just like they did with the Havana Syndrome, nothing. Patriot Act my ass. The American government is completely incompetent. The NSA should be taken over by the military and contained Immediately for investigation. I bet we can get to the sources of V2K and RNM then. https://ecency.com/fyrstikken/@fairandbalanced/i-am-the-only-motherfucker-on-the-internet-pointing-to-a-direct-source-for-voice-to-skull-electronic-terrorism ..... https://ecency.com/gangstalking/@acousticpulses/electronic-terrorism-and-gaslighting--if-you-downvote-this-post-you-are-part-of-the-problem if you run into one of them you may want to immediately shoot them in the face. 187, annihilate, asphyxiate, assassinate, behead, bleed, bludgeon, boil, bomb, bone, burn, bury, butcher, cap, casket, choke, chop, club, crucify, crush, curb, decapitate, decimate, deflesh, demolish, destroy, devein, disembowel, dismember, drown, electrocute, eliminate, end, euthanize, eviscerate, execute, explode, exterminate, extinguish, finish, fry, grind, guillotine, gut, hack, hang, hit, ice, implode, incinerate, kill, liquidate, lynch, massacre, maul, microwave, mutilate, neutralize, obliterate, off, pop, poison, punnish, quarter, ruin, shank, shock, shoot, shred, skin, slay, slaughter, smoke, smother, snipe, snuff, squish, stab, strangle, stone, suffocate, suicide, SWAT, swing, terminate, torture, terrorize, whack, waste, wreck. You better fucking kill me.
👎  
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vote details (1)
@hivebuzz ·
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@iniobong3emm ·
$0.02
Nice article friend.other countries may join the queue.
👍  
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vote details (1)
@teesart ·
Yeah, hopefully if it's beneficial to the country and its citizens 
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@iskafan ·
$0.02
RE: United Arab Emirates : The Most Crypto Friendly Country In The World?!
Well, I hope that in the near future, they won't find a reason to start asking for tax..... I hope there are no hidden obligations here because I am well aware there's no free thing even in free town. 

Posted using [LeoFinance Mobile](https://leofinance.io)
👍  
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vote details (1)
@teesart ·
The country has a reputation for no tax. They're oil rich so there's quite alot of money made by their leaders and secondly, tax is forbidden in their culture and religious practice. So it would most likely remain tax free.  But nothing is Free in UAE, except ofcourse air. 😃 
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