Industry Newsbitcoin miningcitadeltax neutral policy
UAE Mines $453.6 Million Worth Of Bitcoin
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5.2
The United Arab Emirates has generated approximately $453.6 million from Bitcoin mining through partnerships with firms such as Citadel, Arkham Intelligence reports, and holds about 6,782 BTC (roughly 0.03% of total supply). The emirate reports around $344 million in profit excluding energy costs, and leverages a 0% crypto tax and permissive regulation to attract investment and diversify its post‑oil economy.
Scoring Rationale
Moderate novelty and strategic national impact, limited by single-source reporting and lack of official government confirmation.
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