Web3

Dubai Court Ruling on Crypto Trading: What Is and Isn’t Prop Trading

KEY TAKEAWAYS In Case 452/2024 (Criminal Cassation), the Dubai court clarified the distinction between personal and commercial cryptocurrency trading activities. Personal trading

UAE’s Newest Corporate Tax Law: ‘Auditing’ the Effects on Small Enterprises 

KEY TAKEAWAYS The UAE Ministry of Finance will implement the Domestic Minimum Top-up Tax (DMTT) at a 15% rate starting 1 January 2025, targeting large multinational enterprises (MNEs)

Coining Stability: ADGM Opens Doors for Stablecoin Issuance

Key takeaways ADGM has amended the Financial Services and Markets Regulations 2015 to regulate Fiat-Referenced Tokens. Issuing FRTs is now a regulated activity requiring Category

TLP Advisors Participates in India Blockchain Week 2024

Bangalore, India TLP Advisors, a leading UAE-based law firm specialising in web3, fintech, and AI advisory, proudly participated in the highly anticipated India Blockchain Week 2024, held

Shanghai Court recognises the Legality of Crypto Ownership for Individuals

KEY TAKEAWAYS Shanghai court recognises cryptocurrencies as legal property, allowing individuals to hold, buy, and sell digital assets like Bitcoin. Crypto-related business

Navigating the Rise of Crypto Cards: Legal Regulations and Implications

This article has been written jointly by the teams at TLP Advisors and OL Consulting. Key Takeaways: The rise of crypto payment cards, such as Revolut’s virtual card, enables users

Seoul Sees All – South Korea’s Next Level of Oversight Over Virtual Assets

Key Takeaways: South Korea is rapidly advancing virtual asset regulation, specifically to monitor cross-border transactions and address a “blind spot” in oversight that has facilitated

Trumping the Crypto Landscape: Could a Second Term Reshape the Future of Crypto in the US?

KEY TAKEAWAYS The crypto market reacted positively to Donald Trump’s election win, with Bitcoin rising to $75,000 due to anticipated pro-crypto policies. Despite previously being