Category: crypto and virtual assets

Wealth protection does not simply entail having savings or property. Rather, it requires the creation of an appropriate legal entity in which your wealth can be controlled and protected, as well as being passed on as per your wish. This is one reason why trusts and foundations have increasingly been chosen by wealthy individuals, families, and businessmen in the UAE as means of estate planning. Families can protect themselves from losing their...

The cryptocurrency sector has expanded considerably in the United Arab Emirates (UAE) and, thus, made the country a frontrunner in terms of adopting innovations related to blockchain and other forms of digital asset business. Naturally, such rapid development brings along the necessity to adhere to strict financial laws. Indeed, anti-money laundering and know your customer regulations have become an obligatory part of the compliance for crypto...