Dubai loses a bit of its mystique.
By Maxime Laurent · 2025-09-22 16:00
Dubai loses a bit of its mystique.
The UAE just signed up for the OECD’s CARF framework — basically, an automatic data exchange on crypto taxes between more than 50 countries 🌍. Think Austria, Singapore, Switzerland, South Korea… and now the Emirates too.
Implementation starts in 2027, with the first wave of info-sharing in 2028. For all the nomads who thought "I'll just park my $BTC or $ETH in Dubai and forget the taxman"… ça y est, the game changes.
Of course, the Emirates will still stay attractive — lifestyle, zero income tax, sunshine 300 days a year. But the days of absolute opacity for crypto wallets there are numbered.
I see it as part of a bigger trend: crypto becoming mainstream, but also increasingly surveilled. It’s no longer just about hiding — it’s about building strategies in plain sight.
#UAE #CryptoTax #OECD #BTC #ETH #Dubai #Regulation
The UAE just signed up for the OECD’s CARF framework — basically, an automatic data exchange on crypto taxes between more than 50 countries 🌍. Think Austria, Singapore, Switzerland, South Korea… and now the Emirates too.
Implementation starts in 2027, with the first wave of info-sharing in 2028. For all the nomads who thought "I'll just park my $BTC or $ETH in Dubai and forget the taxman"… ça y est, the game changes.
Of course, the Emirates will still stay attractive — lifestyle, zero income tax, sunshine 300 days a year. But the days of absolute opacity for crypto wallets there are numbered.
I see it as part of a bigger trend: crypto becoming mainstream, but also increasingly surveilled. It’s no longer just about hiding — it’s about building strategies in plain sight.
#UAE #CryptoTax #OECD #BTC #ETH #Dubai #Regulation
Disclaimer: This content is for informational purposes only and not financial advice.