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Blockchain

Donald Trump Jr (left) and Eric Trump own 20 percent of miner American Bitcoin

Trump-backed miner American Bitcoin explores UAE options

American Bitcoin, the cryptocurrency company backed by President Donald Trump‘s sons Eric and Donald Jr, has held talks about expanding its crypto mining operations into the UAE, its chief executive has told AGBI. Speaking on the sidelines of the Alternative Investment Summit in Dubai this week, CEO Mike Ho said he had “had conversations” with […]

Gitex2025 in Dubai. The new tax laws for crypto assets in the UAE should bolster the wider tech sector in the region

New tax rules may reshape UAE crypto landscape

Reforms to the UAE’s crypto-asset regulations might burden smaller operators but will bring reputational benefit and added trust to the region’s cryptocurrency businesses, industry experts told AGBI. The UAE signed up last month to the Organisation for Economic Co-operation and Development’s (OECD) crypto-asset reporting framework, which ensures that tax authorities have access to information on […]