Bianca
Sat Jun 08 2024
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5 answers
1530
Is crypto illegal in India?
Hello there, could you possibly enlighten me on a topic that has piqued my interest? It concerns the legality of cryptocurrencies in India. As a finance buff, I'm curious to know whether cryptocurrencies are deemed illegal within the borders of India? Is there any specific regulation or law that governs their usage or ownership? Could you please elaborate on this matter, and if possible, provide any recent updates or developments in this area? I'd greatly appreciate your insights on this intriguing topic.
Carolina
Sat Jun 08 2024
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7 answers
1235
Is UAE crypto tax free?｜Unlike many countries, . This means you pay no taxes on your crypto gains and income. Therefore, you can keep a larger portion of your crypto gains, if not all.Dubai does not impose capital gains or personal income tax on crypto holdings
Could you please clarify for me whether cryptocurrency transactions in the United Arab Emirates are tax-free? I've heard that unlike numerous other countries, the UAE doesn't levy taxes on crypto gains and income. Does this mean that individuals in the UAE are exempt from paying any taxes on their crypto profits? Could you also elaborate on Dubai's specific policy, stating that there are no capital gains or personal income taxes imposed on cryptocurrency holdings? This information would greatly assist me in understanding the tax implications of crypto transactions in the region. Thank you for your time and assistance.
KatieAnderson
Sat Jun 08 2024
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5 answers
1201
What is the largest currency in Hong Kong?｜The is divided into 100 cents and issued in seven denominations: 10c, 20c, 50c, HK$1, HK$2, HK$5 and HK$10. The Hong Kong dollar, the ninth most traded currency globally, is not a floating currency. It is pegged to the US dollar with a narrow trading band.Hong Kong dollar
Could you please elaborate on the Hong Kong dollar? I'm curious to know more about its denominations and its status as the ninth most traded currency globally. Also, could you explain what it means for the Hong Kong dollar to be pegged to the US dollar with a narrow trading band? How does this affect its value and stability?
Martino
Sat Jun 08 2024
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7 answers
1961
Which crypto exchange is legal in Dubai?
Could you kindly enlighten me on the legality of cryptocurrency exchanges in Dubai? I'm particularly interested in understanding which platforms are officially sanctioned and operating within the regulatory framework of the emirate. Could you also provide any insights into the regulatory requirements and the safety measures taken by these exchanges to ensure the protection of investors' funds and personal data? Thank you in advance for your assistance.
SapphireRider
Sat Jun 08 2024
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5 answers
1123
Is binance halal in Islam?｜Crypto in general is halah to buy, sell or keep as an asset, but for binance (or any other exchange) , so margin trading, futures, staking, defi staking, earn services, loans, dual investments , borrowing ALL are Haram, and binance in particular even for normal staking gives you the rewards + ...only spot trading is halal
Could you please elaborate on whether Binance is considered halal in Islam? It seems that Cryptocurrencies are generally acceptable for purchase, sale, or retention as assets. However, with regards to Binance or any other exchange, activities such as margin trading, futures, staking, DeFi staking, earn services, loans, dual investments, and borrowing are all considered Haram. Additionally, Binance specifically, even for normal staking, offers rewards which might raise some concerns. Is it correct to assume that only spot trading on Binance is halal?
