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Bitcoin & cryptocurrency trading in dubai although the uae government has warned against investing in bitcoin, many in dubai are investing regardless.
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Dubai does not consider bitcoin legal tender, but there aren't restrictions on buying or selling either. The overall legal system is a civil law system influenced by shariah (islamic law), of which the major legal codes include the civil transactions law, the commercial. The site covers all about crypto mining in dubai and abu dhabi. Do not worry, you do not violate the law of the country by buying, selling or trading bitcoin on the iq option website. Payment of the purchase price in cryptocurrency would not work in dubai in the secondary sales market.
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According to legal experts consulted for an article in gulf news, the buying and selling of bitcoin is considered a tolerated practice within the uae.
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