Dubai

Dubai has become a hotspot for major cryptocurrency scams, with fraudulent schemes like HyperVerse, OneCoin, and Bitconnect defrauding billions from investors. Despite efforts to improve regulations, the UAE's weak oversight has allowed scammers to thrive, drawing international concern.

Waseem Khan, a 22-year-old British crypto millionaire, was arrested in Dubai in September 2024 and charged with drug dealing and money laundering. After spending months in harsh prison conditions, he was released on bail but remains trapped in Dubai, awaiting trial and uncertain about his future.

Changpeng Zhao, founder of Binance, made his first public appearance since his prison release at the Binance Blockchain Week in Dubai, discussing his reflections on his incarceration and future plans. He expressed a renewed appreciation for personal connections, a commitment to education, and intentions to invest in emerging sectors while remaining optimistic about the future of cryptocurrency.

Binance founder CZ will be making his first public appearance at Binance Blockchain Week in Dubai after stepping down from the company's operations completely earlier this year.

The overseas cities suitable for currency circle practitioners to work and live in currently mainly include Singapore, Hong Kong, Dubai, San Francisco, Tokyo and other major countries. This article analyzes why Singapore has become a place that most people in the currency circle yearn for from five major aspects such as food, clothing, housing and transportation.

币圈从业者适合办公及定居的海外的城市目前主要有新加坡、香港、迪拜、旧金山、东京等几个主要国家，本文从衣食住行等五大方面解析新加坡为何成为币圈多数人向往的地方。

Dubai, Switzerland, and South Korea have been identified as the top destinations for cryptocurrency businesses in 2024, thanks to their favourable tax policies, regulatory clarity, and growing market presence.

The UAE has exempted virtual asset transactions from VAT, effective November 2024. Businesses must review past VAT obligations, while new marketing rules aim to protect investors from the risks associated with digital assets.

Bybit has secured a provisional license from Dubai’s VARA, signaling progress toward full licensing and strengthening its position in the global crypto market. The company is also expanding in Hong Kong to tap into the growing Asia-Pacific market, reflecting its broader strategy to enhance its global presence.

Crypto.com has launched global retail services, allowing users to deposit and withdraw crypto in over 90 countries. The expansion, starting in the UAE, is supported by Standard Chartered and aims to make cryptocurrency transactions more accessible and secure.