menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Dubai Team...
source image

Crypto-News-Flash

1d

read

286

img
dot

Image Credit: Crypto-News-Flash

Dubai Teams Up with Crypto.com for Public Fee Payments

  • Dubai partners with Crypto.com to enable public service payments using crypto assets, converted to AED automatically.
  • The initiative supports Dubai's aim of achieving 90% cashless transactions by 2026 in both public and private sectors.
  • Through a MoU with Crypto.com, payments made in cryptocurrencies will be converted to dirhams and deposited into the Dubai Department of Finance account.
  • This move solidifies Dubai's position as a growing global crypto center with plans for digital transformation and investment in blockchain-based projects.

Read Full Article

like

17 Likes

For uninterrupted reading, download the app