The Dubai Finance Department (DOF), on May 12, 2025, signed a memorandum of understanding (MOU) with Crypto.com to enable Crypto payments for several payment services.
As a result of this collaboration, residents and companies will be able to pay for services such as visa rates, licenses and public services with crypt through Dubai Pay, the Government’s digital payment platform. A pilot program at the end of this year will begin the implementation of this service.
The president of Crypto.com, Mohammed al Hakim, said: “Today’s announcement repeats significant progress for the adoption of digital finance with integral integration in the layers of government payments.” In particular, the company entered Dubai in 2023 after receiving its first virtual asset regulatory authority license (Vara).
https://t.co/vcnztatkng is proud to be selected to support @Dof_dubai In a world agreement to allow an implementation of the digitalization of payments throughout the government.
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https://t.co/1ujbe7yeh7 pic.twitter.com/ybaobchldi
– Crypto.com (@Cryptocom) May 13, 2025
Abdulrahman Saleh al Saleh, general director of the Finance Department, declared: “We are proud of the key role of Dubai Finance to boost Dubai’s strategy without cash and shape a distinctive digital financial future.”
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Hashkey Bags vasp license through rod to operate in the EAU
Hashkey, on May 12, 2025, announced its official launch in the EAU with the establishment of Global Mena hashkey. The virtual asset services provider (VASP) license that the company obeyed through Dubais Vara allows hashkey to provide cryptocurrency exchange services and stockbrokers inside and from Dubai.
Sherif Sanad, country manager, Hashkey Global Mena, declared: “As a licensed platform, Hashkey Global Mena adopts institutional needs by offering a regulated and safe gateway for Fiat-Crypto transactions and structures such as the chamber.”
In the future, the Global Mena hashkey will focus on providing people with the institutions of the regulated and safe access region to virtual asset services.
In addition, fiduciary transactions in USD and AED will be provided by the platform in collaboration with Standard Chartered, an international banking group based in London, the United Kingdom.
In addition, the Association will sacrifice the trade services for free sales (OTC) for the established cryptocurrencies.
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Cryptographic Conversion Services based in Dirham initiated by Mbank in the EAU
The Integrated Digital Bank of the EAU, to the Maryah Community Bank (MBANK), together with Cryptodyian Changer, announced on May 12, 2025, the launch of a cryptocurrency conversion service based in Dirham.
The Central Bank of UAES facilitates the maintenance of AED and regulatory funds using MBANK digital infrastructure. In addition, it allows the conversion of digital assets and stablecoins, including USDT and USDC, in AED through the change platform.
Mohammed Wassim Khayata, CEO or Mbank and a member of the Changer Board declared: “By providing Cook Aed cooking services, we ensure safe and regulated conversions from Dirhap to Cypto for changing customers.”
Tarek Soubra, Cto at MBAB, Continued, “Customers Can Now Cryptocurrencies Into Aed Through Changer.ae and The your they converted Aed Funds Immediatry and Seamlesly, Withbank Holding Funders, Mbaltivers, Mbaltivers, ManwallsInter Manwalders, ManwaldersIps, The Aed Fundsloms, Fundersloms, Fundsloms, The Aed the funds, the Dea’s funds, AED’s funds.
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EMARAT and Crypto.com collaborate to bring crypt to fuel stations in the EAU
EMARAT, the retail state -owned fuel company, through its association with Crypto.com, has enabled the client to pay fuel and other retail services use cryptocurrencies.
The initial phase of this integration, announced on May 8, 2025, will be limited to 10 EMARAT fuel stations in the EAU, with plans to enable cryptographic payments in all its network.
Ali Khalifa Al Shamsi, general director of EMARAT, declared: “Our association with Crypto.com reflects our commitment to innovation and providing customers with several payment options. This initiative is also in line with the EAU strategy.” “”
As a result, customers can now pay for fuel using bitcoin and other digital assets directly in the pump, by Bypysssing Traditional fiduciary transactions.
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EMARAT, in collaboration with Crypto.com, has allowed the client to pay for fuel and other retail services use cryptocurrencies.
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Hashkey Global Mena, now operational in the EAU, will facilitate fiduciary transactions in USD and AED in collaboration with Standard Chartered
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Dubai Dof signed a MOU with Crypto.com to enable cryptographic payments for several government services
The strategy after Cashless Dubai: Crypto.com is associated with the Dubai government for payment services first appeared in 99 Bitoins.