"Blind Spot" of Capital Supervision

Dubai's relaxed and free capital attraction policy has caused a very serious problem. From the perspective of capital, it has become a global money laundering center and a "blind spot" of global capital supervision.

Although Dubai also has some anti-money laundering laws and regulations, in fact, as long as money comes in (real currency), Dubai will collect it and ensure the safety of the entrants!

In all these years in Dubai, there has never been a major case of confiscation of assets due to money laundering or because the money of the entrants is not clean.

Like the sanctions imposed by the United States on the rich in Russia in the past two years, these Russian rich people can no longer stay in Europe and the United States with hundreds of millions of assets, but they don't want to transfer them back to Russia. What should they do? Go to Dubai.

For example, many bigwigs in the currency circle like to set up their headquarters in Dubai and buy houses there. Why? We know that the currency circle is still very chaotic, or extremely free, with many gray games and gray incomes. In places like Europe, the United States, and East Asia, not only are taxes high, but cryptocurrencies also have very large policy risks. But Dubai has made it clear: "Come to me, I welcome you, I support cryptocurrency."

Let me give you an example of the most common and simple way to launder money

Many people will bring huge amounts of cash from Heathrow Airport in London, England, into Dubai in their suitcases.

Heathrow Airport does not check cash in outbound luggage, while Dubai does not care how much cash is in incoming luggage.

Entrants take the cash and deposit it in a bank in Dubai, or go directly to Dubai to buy a house. Generally speaking, in most economies, this is a very suspicious behavior, and they will definitely be questioned and asked where the money came from? Is it clean? But in Dubai, entrants can rest assured that no extra questions will be asked, as long as the money is real currency!

If you want to be more cautious, you can first build a shell company and buy a house in the name of this shell company, and Dubai will not ask any information behind the company.

For a long time, the Dubai government has turned a blind eye to these gray transactions, after all, it also benefits from it. $PEPE $BNB $BTC #token2049 #币安上线NEIRO #新币挖矿HMSTR #美联储宣布降息50个基点 #加密市场反弹