https://3speak.tv/watch?v=taskmaster4450/xiljnttr
The UAE passed legislation that exempted crypto from the VAT. This is a move designed to make it a crypto friendly place.

In this video I discuss how there will be a global race to attract crypto development. There is, however, something else in play here.

Article mentioned in video:

https://crypto.news/uae-announces-vat-exemption-crypto-transfer-conversion/