Is it legal to mine cryptocurrency in UAE

[Maknatash]

Is it legal to mine cryptocurrencies in AOE? Legal, but there are nuances. Why am I so confident about this? Because this is the first question that I was puzzled when I moved to this country. It was important for me to do everything right, because I plan to live here for a long time and not have problems. Is crypto mining legal in uae https://minery.io/ae/blog/is-crypto-...-legal-in-uae/ - here everything is described in detail.

[abdulrah]

I think so. You can create a mining farm, and register it as your source of income, and pay taxes.

[Hreysyktich]

There are nuances in any law providing a permit for a specific type of earnings. Accept this fact. If I were you, I'd contact a lawyer specializing in financial regulation. He'll clearly explain what to be afraid of when mining in the UAE. Also, I would ask him how to register his business legally so that you aren't scared of the tax service. I haven't reached the mining level yet. I live in a small studio apartment with fewer than three computers. It wouldn't be convenient. So I earn money by trading, using the crypto signals like tokenscope.com, and cutting the dough this way. This is also passive income.

[banhaji]

Although I believe it to be lawful, I have looked up numerous laws and regulations on whatisnotlegal, and they all provide accurate information. As a result, you may also look up your answer on this website.

[Watier]

Yes, cryptocurrency mining is allowed in the UAE

[Thomas Ils]

You may have heard about investing in cryptocurrency. I work part-time in this field, and I often invest in crypto here. I like the process and I understand the full potential of this business. Many people have already become millionaires by investing money in bitcoin or other currencies. I have been using defi wallet for a few years now and I am completely satisfied with it. The website https://www.cropty.com/ has a guide on how to use this wallet and a lot of interesting information.

[BENBEN]

Hello. I am currently looking for such information. I want to buy bitcoin, but I don't know anything about it. I'm interested in tokens. If you have such information, please share it with me. Thanks in advance.

[Jacob567]

I think many people know that the NFT project has become very popular lately. I became interested in learning as much as possible about this phenomenon. That's why I found a useful article what is an NFT on the Internet. I think that many here will be very interested to read about it, so I recommend that you read this article!