Dubai Court Makes Landmark Ruling: Cryptocurrency Recognized as Salary

IconCryptoNewsTerminal Staff16 Aug, 2024

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Dubai Court Makes Landmark Ruling: Cryptocurrency Recognized as Salary

In a landmark decision that signals the growing acceptance of cryptocurrency in the global financial landscape, a Dubai court has overturned a previous precedent and recognized cryptocurrency as a legitimate form of salary. This ruling underscores the city's commitment to fostering innovation and embracing the opportunities presented by the burgeoning web3 economy.