Dubai court approves crypto as legal salary payment

Visit this link to make money with cryptos with our Expert trading team and get a chance to win Free bitcoin and other cryptocurrencies - https://telegram.me/btctradingclub

UAE lawyer Irina Heaver said the ruling shows the growing acceptance of crypto in employment contracts, recognizing the evolving nature of Web3 financial transactions.

In a significant update to the United Arab Emirates’ judiciary approach to crypto, the Dubai Court of First Instance recognizes salary payments in crypto as valid under employment contracts. 

Irina Heaver, a partner at UAE law firm NeosLegal, explained that the ruling in case number 1739 of 2024 shows a shift from the court’s earlier stance in 2023, where a similar claim was denied because the crypto involved lacked precise valuation. 


75% Profit on #SYN/USDT for our Members on Binance /Bybit/OKX & KuCoin

We don't charge any commissions or any tips - We simply believe in providing the highest quality signals for the trading community.

Trading on #Binance Futures is very profitable and traders from across tQQhe globe knows it.

Be amongst the TOP Binance Futures Trading Group like other huge number of traders.

Come and join our Binance Futures Group and make profit with Binance Futures BOT.

Comments

Popular posts from this blog

Spot Bitcoin ETF Inflows Surge BTC Struggles at $65K

TradFi Takeover Fuels Bitcoin's Journey to $77,000 Bull Flag Indicator

Bitcoin Aims for $110K Next Despite Current Trends