Dubai’s progressive crypto policies put it in the top spot globally

Dubai scored the highest with a score of 79 points, excelling in terms of regulatory clarity, no capital gains tax, and a reasonable 9% corporate tax rate, along with reasonable licensing fees.

Dubai has established itself as a leading hub for crypto and blockchain projects by adopting an open regulatory framework and favorable tax policies. The establishment of the Virtual Assets Regulatory Authority (VARA) and the Dubai Financial Services Authority (DFSA) has ensured a clear legal environment and encouraged innovation in the crypto space.

Furthermore, the Dubai Multi Commodities Centre (DMCC) Crypto Centre plays a key role in supporting the growth of crypto and blockchain companies by providing specialized infrastructure for these companies. Dubai also does not impose capital gains tax on crypto transactions, with a threshold of AED 375,000 set as the amount of profits above which corporate tax is not applied, a tax strategy that increases Dubai’s attractiveness to crypto companies globally.