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However, citizens are allowed to buy and trade bitcoins staying in the uae.
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By hassan elhais, united arab emirates However, today with one of the world's first cryptocurrency deep cold storage companies operating in dubai, it is clear that tides have shifted and the uae cryptocurrency is actively becoming part of this global trend. The act also states that cryptocurrency is limited to property values that are stored electronically on electronic devices, not a legal tender. Buying bitcoin in the uae is legal. You can buy cryptocurrency in dubai with cash or credit card.
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The act also states that cryptocurrency is limited to property values that are stored electronically on electronic devices, not a legal tender.
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