Dubai accepts payments with Bitcoin and other cryptocurrencies for government services. According to the latest news from the Dubai Department of Finance, it has signed an agreement with the platform Crypto.com to allow citizens and businesses to pay fees for government services with cryptocurrencies. This initiative is part of Dubai's cashless payment strategy (Dubai Cashless Strategy), which aims for 90% of transactions in the public and private sectors to be cashless by 2026.

What does this mean in practice?

People and companies will be able to use Crypto.com digital wallets to pay for services such as parking, licenses, or other fees to the government.

Payments with cryptocurrencies will be converted into the local currency (dirhams) before being deposited into government accounts.

Stable cryptocurrencies (stablecoins) are expected to be used to ensure secure and seamless transactions.

This step is important because Dubai aims to be a global leader in innovation and financial technology.