Crypto as a valid salary payment in Dubai

Crypto adoption is growing worldwide and this is when some countries are doing fantastic work to get them involved more in the Crypto Revolution. While not every country is doing great work, some countries like Dubai are doing great work in the crypto space. The country is trying to provide a favourable atmosphere for Crypto companies and recently there is an update that the Dubai code has considered crypto as a valid salary payment.

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If crypto can be used for the payment of salary then it is also good. Currently, the market is bearish and usually, this has been observed that this is the best time for more adoption and innovative development in the crypto space. When the market is bullish then most people are busy booking profit and setting up plans. But this update is fantastic and I haven't seen it from any other country if I remember correctly.

I would say it is more of the example setting and surely Dubai is setting up the example that many other countries can follow because using crypto as a salary payment is going to be a big change. I hope it continues to grow because this way the demand for Crypto will grow over the period and that is what we need to understand Crypto is here to stay and it is not just a one-day game.

More adoption will bring more value to crypto so this will also encourage more people to get invested for the long term I expect that with this we can also expect more people getting boarded in Crypto for investment or for any purpose that does not matter as long as they are somehow associated in the market.

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