
STOP Owning Crypto in Your Name: Dubai's Tax Trap Exposed
What if I told you that the crypto millions you’ve made in your own name could put you on the radar of tax authorities— even if you cashed out in tax havens? If you ask most wealthy multimillionaires and billionaires, they’ll tell you they only trade crypto through corporate accounts using agents or a trusted confidant. Why? Because what you do not own, cannot be taken away from you. You probably bought your crypto on a centralized exchange, in your own name, scanning your face with biometrics and submitting your passport. Now, you’ve finally made your crypto millions and you’re thinking about cashing out in Dubai because someone told you it has 0% personal tax on crypto. But here’s the truth: it’s a trap. Every crypto transaction you’ve made is recorded on the blockchain—public, transparent, and permanent. And all of the sudden, all the details of your crypto profits are accessible to tax authorities for years, even if there’s no tax or immediate danger right now.