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The bank has repeatedly issued warnings to citizens about the risks of getting themselves involved with bitcoin. The united arab emirates doesn't recognize bitcoin as a legal form of tender, but it's not banned is bitcoin trading legal in uae either. Bitcoin is a volatile investment, which comes with significant risks. Start bitcoin mining today with investment only or host your machines with us. 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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(the only legal tender in the uae is the uae dirham.) bitcoin, considered the most liquid.
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