Dubai will let you pay government fees— even just parking tickets—with big cryptocurrencies like Bitcoin through Crypto . com, which will instantly swap them into dirhams. This pilot supports Dubai’s goal to make 90% of all payments digital by 2026 and cements its bid to be a global tech and crypto leader.
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tldr; Dubai’s Department of Finance has partnered with Crypto.com to enable payment of government service fees using large-cap cryptocurrencies. The initiative, announced at the Dubai FinTech Summit, will allow individuals and businesses to pay fees via Crypto.com’s digital wallets, with payments converted into Emirati dirhams. This move supports Dubai’s Cashless Strategy, aiming for 90% cashless transactions by 2026, and reinforces Dubai’s ambition to become a global tech hub.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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The worst exchange
_Commando_ on
Why CDC, they’re a bad exchange?
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Dubai will let you pay government fees— even just parking tickets—with big cryptocurrencies like Bitcoin through Crypto . com, which will instantly swap them into dirhams. This pilot supports Dubai’s goal to make 90% of all payments digital by 2026 and cements its bid to be a global tech and crypto leader.
tldr; Dubai’s Department of Finance has partnered with Crypto.com to enable payment of government service fees using large-cap cryptocurrencies. The initiative, announced at the Dubai FinTech Summit, will allow individuals and businesses to pay fees via Crypto.com’s digital wallets, with payments converted into Emirati dirhams. This move supports Dubai’s Cashless Strategy, aiming for 90% cashless transactions by 2026, and reinforces Dubai’s ambition to become a global tech hub.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
The worst exchange
Why CDC, they’re a bad exchange?