The Dubai government will receive Crypto.com through Crypto.com partnership

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Crypto.com logo is displayed on a phone screen with a representation of cryptos.

Nurphoto | Nurphoto | Getty pictures

Financial Department of Dubai declared Partnership with a crypto platform Crypto.com This will allow the government’s service fees to be paid with large lid crypto.

Dubai government officials and Dubai government officials and Mohammad al-Ahad, Muhammarka were signed on Monday, the President of the Dubai Fintech Summit.

After the completion of the initiative, individuals and customers of government agencies “will be able to pay the service fee through digital wallets at Crypto.com.

“The platform will secure these payments to the Emirati dirhams and transfer them to Dubai financial accounts, which provides a rational, reliable and innovative payment framework,” he said.

A statement from CNBC, a cryptist, the agreement will allow everyone in Dubai to pay for the government’s utilities, including parking, including large market-Pap-CRYPTO assets.

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Dubai Finance did not respond immediately to a request for comments from CNBC.

Government officials, a press release, will help the partnership to enter the Dubai non-cash strategy, which is trying to strengthen the status of Dubai as a leader digital city. The strategy aims to reach 90% of non-cash transactions between the public and private sectors of Dubai, until 2026.

Crypto.com called Al Judge Initiative “Really Global First Program”.

Crypto.com first received a license To offer a Dubai body to offer virtual active service activities regulated in 2023. Last month, the company said that Dubai also gave the virtual active regulatory body Limited license to offer derivatives.

It has been Dubai Betting into the crypto industry For years as part of his passion to be a global technological hub.

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