Cryptocurrency Q&A
Is USDT legal in the UAE?
Is USDT legal in the UAE?
TaegeukChampionship
Sat Jun 08 2024
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5
answers
900
Could you please clarify for me if USDT, the stablecoin, is considered legal tender in the United Arab Emirates? I've been hearing mixed opinions on the matter and would like to have a more definitive answer. Would it be acceptable to use USDT for transactions in the UAE? If not, are there any specific regulations or restrictions that govern the usage of cryptocurrencies in the country? It would be greatly appreciated if you could provide some insight into this matter. Thank you in advance for your assistance.
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