Amendments to the United Arab Emirates’ value-added tax (VAT) regulations will now exempt the transfer and conversion of digital assets, including cryptocurrencies. On October 2, the UAE’s Federal Tax Authority (FTA) introduced changes to the VAT framework. As reported by PwC, a global business consultancy, these updates include VAT exemptions for additional services, such as […]
Donald Trump is gaining momentum in the presidential race against Kamala Harris, with his odds improving by 3 percentage points on Polymarket, a popular prediction platform. After a high-energy rally in Butler, Pennsylvania, where he appeared alongside tech mogul Elon Musk, Trump’s chances of winning the election now stand at 51%, while Harris is at […]
Bitcoin continues to lead as the top-performing asset of 2024, despite a slower third quarter, according to a report from the New York Digital Investment Group (NYDIG). Though Bitcoin’s growth in Q3 was modest at 2.5%, bouncing back from Q2 losses, it faced pressure from large sales, stated Greg Cipolaro, NYDIG’s head of research, in […]