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The Dubai court officially recognizes that Crypto Assets can be used as payment for labor remuneration.

BlockBeatNews

BlockBeats news, on August 17, according to DL News, a Dubai first-instance court recently confirmed the legality of paying salaries in Crypto Assets under employment contracts in a landmark ruling. The report states that this ruling marks a shift in the UAE’s judicial approach to Digital Money, reflecting an increasing acceptance of Crypto Assets. Specifically, this case contrasts with a previous ruling by the same court in 2023, when the court rejected a similar claim involving Crypto Assets due to the employee’s failure to provide an accurate valuation of the Digital Money.

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