Dubai has taken a major step toward digital transformation by integrating Cryptocurrency payments into its public administration! ๐Ÿ›โš–๏ธ

Citizens and businesses will now be able to pay for taxes and fines using cryptos, which will be automatically converted in AED (Dirhams).

This action is part of Dubaiโ€™s Cashless financial strategy launched in Oct. 2024, which aims to have over 90% of transactions digitalized.

Another business in Dubai, the Trump International Hotel which is still under construction, will accept $BTC as payment, highlighting the cityโ€™s openness to innovation in finance.

In summary, these moves will increase crypto reliability and usefulness.