People in Dubai will soon be able to pay for government services using cryptocurrency, thanks to a new partnership between the Dubai Department of Finance and Crypto.com. The announcement was made at the Dubai FinTech Summit, where officials signed a deal to make digital payments part of daily government life.
With this, residents can use their crypto wallet to pay for things like public fees, and Crypto.com will instantly turn that crypto into dirhams, which will go to the government. This makes it easy for people to use crypto without needing to worry about exchanges or conversions.
Dubai residents to pay government fees using crypto | Source: X
Abdulla Mohammed Al Basti and Abdulrahman Saleh Al Saleh helped seal the agreement with Crypto.com through a Memorandum of Understanding. The goal is to support Dubai’s “Cashless Strategy” and speed up digital payment options across the city.
In the press release, Crypto.com’s President and COO, Eric Anziani, praised Dubai’s approach. He said, “The Government of Dubai has been a true global visionary with its plans for a cashless society.” He said the company is excited to help launch the city’s first full-scale crypto payment system for public services.
Moreover, this is part of Dubai’s larger vision under its Economic Agenda D33, which aims to boost its place as a global hub for business, technology, and innovation. Officials believe digital payments will make public services more efficient and accessible.
Amna Mohammed Lootah, who oversees digital payment systems regulation, said that Dubai wants 90% of all payments in the city, both public and private, to be cashless by 2026. She added that this project is a major step toward that target.
The new system will work quietly in the background. Users will just pay with crypto and Crypto.com will handle everything else, making the process smooth and secure.
