I love the UAE when it comes to competition with other world trying to be among in also controlling what ever other countries are controlling, because they don't take football that serious but since the World Cup a lot of things have changed and now they are taking football seriously and they want to buy all the prominent players just to make their own league colorful. And with this police's of making vat free for crypto users might even bring more people to want to stay in their country.

They most have understand that bitcoin is a future investment and that is why they want to take advantage and invest all they can, the government have made investing in crypto easy now, UAE is rich and they don't have problem with money, canceling vat does not affect the revenue flow of the country, they are among the bless nation.

When it comes to tax I don't think they will follow because other countries are addicted to way of making money from the citizens.

I am saying this from my personal observation and I didn't get any data from any news Website. It's not like they started to move recently after hearing the news; a lot of them were already there before the news of tax-free. I know at least two YouTubers with whom I used to play the Battle Royal games on the live stream moved to Dubai because they want to make a career in crypto trading/binary trading, etc. It's because crypto is illegal in my country. A lot of their subscribers and friends are also interested in moving to Dubai. But I don't think it's possible for everyone. I will think about that only if I can manage to make huge money. I don't have to move somewhere unless I make at least a couple of grand.

Growth is constant, I tell you that for free. There's actually more to accomplish in cryptocurrency because we're still very early in the space. Although this process do require a process, we stick to a particular strategy and principles, knowing the basis of the system before anticipating.

Every nation seeks growth and they have major steps and budgets to execute. United Arab Emirates removes taxes on all crypto transactions? That's one major step to development you know that? Cryptocurrency have been banned by most of these European and African countries with the fear embedded in the leaders about crypto surpassing their fiat currency. That's so true to believe but come to think of it, the world is advancing, it's only polite and fair for these countries to start quick investments in cryptocurrency because it have remained the very top priority for investors and traders.

Such a move is not easy to do and that is because leaving behind your family and friends looking for new opportunities is always a risky move, but sometimes it is the only good move that you can make, since many governments on an attempt to keep their money monopoly are willing to do anything to keep it in place, which is why we have seen many policies over the years with the obvious intention to obstruct bitcoin and its adoption, but we are at a point in which not only this is not really possible anymore, but such opposition could bring the departure of many people out of the country that want to use bitcoin, and they are not willing to live in a country which will criminalize them over it.