Dubai is making strides in incorporating Bitcoin into everyday life by partnering with Crypto.com to allow cryptocurrency payments for government services. At the Dubai FinTech Summit, officials signed a Memorandum of Understanding aimed at facilitating these transactions, thereby supporting the cityâs strategic goals towards a cashless economy by 2026. Users will be able to pay using Bitcoin via Crypto.com's app, with seamless conversion into Emirati dirhams for government revenue. The initiative is aligned with Dubai's D33 Economic Agenda, which anticipates substantial economic growth through tech and innovation.
Dubai continues to advance through coordinated efforts... deploying the latest secure financial technology solutions that support its cashless strategy.
We take great pride in Dubai Finance's role in shaping a digital financial future... our partnership with Crypto.com is a big part of moving that forward.
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