*Dubai* *leads the way* : *Government accept cryptocurrency payments for Public services*

In a groundbreaking move, Dubai’s government has announced it will accept Bitcoin and other cryptocurrencies for public service payments, positioning the emirate as a global leader in digital finance. The initiative, announced on May 12, 2025, at the Dubai FinTech Summit, stems from a landmark agreement between Dubai’s Department of Finance and Crypto.com. This allows seamless crypto transactions through Crypto.com’s wallet, with payments converted to Emirati dirhams. Part of Dubai’s Cashless Strategy, aiming for 90% digital transactions by 2026, the move is expected to boost the local economy by AED 8 billion annually, solidifying Dubai’s status as a fintech Hub.$BTC