Overview

• Dubai’s Department of Finance signed a memorandum of understanding with Crypto.com to allow cryptocurrency payments for government service fees.
• The partnership aligns with Dubai’s Cashless Strategy, which aims for 90% cashless transactions across public and private sectors by 2026.
• Once technical integration is complete, Crypto.com wallets will convert payments into Emirati dirhams for secure transfer to Dubai Finance accounts.
• Details on which cryptocurrencies will be accepted and the specific government fees covered remain unspecified at this stage.
• Dubai has positioned itself as a global crypto hub, with Crypto.com operating under licenses granted by the Virtual Assets Regulatory Authority since 2023.