Dubai Finance partners with Crypto.com for crypto payments
Dubai Finance (DOF) has partnered with Crypto.com, signing a MoU to facilitate government service fee payments using cryptocurrency.
The collaboration aims to accelerate the implementation of Dubai’s cashless strategy, which is designed to foster secure, efficient, and inclusive financial transactions through crypto, enabling the country to take steps towards a cashless, fully digital society. The strategy’s goal is to conduct more than 90% of financial transactions across the public and private sectors through cashless methods by 2026. The Government of Dubai’s mission is to leverage financial technology and launch a new digital payment channel on its own digital portals so that citizens can pay for government…
