The UAE’s adoption of CARF is a significant step in regulating digital assets. Businesses should begin implementing compliance systems now, while investors should ensure accurate record-keeping. Although you are not personally required to track or store your data as an individual, your information may still be tracked and stored by crypto service providers. As further guidance emerges, timely legal and tax advice will be essential to remain compliant and to continue benefiting from the UAE’s role as a global digital asset hub.
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