UAE free zone to explore Bitcoin payments for companies, attorney says

UAE free zone to explore Bitcoin payments for companies, attorney says

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Ras Al Khaimah’s currently introduced free zone for virtual asset companies will explore accepting crypto payments from companies looking into constructing their companies in the emirate, a attorney fascinated by the hub’s style stated.

Dubai-based crypto attorney Irina Heaver urged Cointelegraph that once the Ras Al Khaimah Digital Sources Oasis (RAK DAO) secures the suitable partners, this would possibly maybe test out crypto payments, including Bitcoin (BTC) and diverse stablecoins, for corporate registrations, attach aside of living of enterprise rent and diverse companies. “Despite every little thing, cities and cantons in Switzerland were doing this for years,” she noted.

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