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Home Crypto

Dubai Collaborates to Accept Bitcoin and Cryptocurrency for Government Services

by bullnews
May 13, 2025
in Crypto
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Dubai, I tell ya, they’re really taking this crypto thing and running with it. So, picture this: at the Dubai FinTech Summit (which sounds fancy, doesn’t it?), the Department of Finance—yeah, the folks who keep the money stuff in check—decided to shake things up. They cozied up with Crypto.com. Now people can use Bitcoin to pay for, like, government stuff. Wild, right?

Anyway, I spotted something funny at the summit. I couldn’t stop noticing His Excellency Abdulla Mohammed Al Basti and a couple others doing their official nod-and-sign dance. Meanwhile, Ahmad Ali Meftah from the DOF was there, and so was Mohammed Al Hakim, the Crypto.com UAE bigwig. Why this stood out to me, no clue. Just did.

Al Basti went on about how Dubai’s all about moving forward, staying cool and tech-savvy. Something about wanting to go cashless by 2026. Not sure why I think of it as wanting their cake and eating it too, but there you go. Somehow, everything becomes dirhams in the end. Magic? Eh, just technology.

Al Saleh seemed pretty jazzed about how this Crypto.com deal is a giant step for mankind—well, Dubai-kind? He’s really into Dubai’s role in this digital finance future. Everyone’s hyping this public-private teamwork thing. It’s all about trust, they say. Innovation. Accessibility. Buzzwords that kinda make you wonder: are any of us really ready for this?

And in the middle of this, they drop the D33 Economic Agenda on us. Tech and innovation—bam! Economy’s gonna swell by AED8 billion each year, or so they hope. Eric Anziani, he’s the President and COO of Crypto.com, called Dubai a global visionary. Gotta love those big words.

But, hey, let’s not get ahead of ourselves. Still some loose ends to tie up before everyone and their grandmother can start paying taxes with Bitcoin. When it’s live, even businesses get in on the action. Imagine paying your speeding ticket with crypto. Only in Dubai, right?

Tags: AcceptBitcoinCollaboratesCryptocurrencyDubaiGovernmentServices
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