Main notes
- The UAE shares Crypto.com to allow encryption payments.
- The partnership is expected to increase the cases of the use of cryptocurrencies in the region.
- Dubai enhances its location as a center for innovation of digital assets and digital assets.
Emirates, a leading global airline, partnership with the Cryptocurrency Exchangy and Payments Crypto.com platform to enable encryption payments for its services.
The two companies signed a Memorandum Memorandum (MO) to integrate Crypto.com to pay the UAE payment infrastructure. Implementation is expected to start next year, making sure that the new feature supports safety and compliance standards.
in press releaseThe UAE announced that the signing ceremony took place in the presence of His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and CEO of Emirates Airlines.
Crypto.com, Mohamed Al -Hakim, head of the United Arab Emirates Operations of the company, was represented, while the UAE was represented by Adnan Kazim, Vice President and Chief Trading officials.
Adnan Kazim explained that the partnership with Crypto.com is in line with the UAE’s ongoing efforts to adapt to advanced preferences for its customers, especially younger travelers who prefer to use the encoded currency to buy.
He added: “This strategic step is in line with Dubai’s vision at the forefront of financial innovation, while at the same time providing our customers with flexibility and greater choice in how to deal with the Emirates.”
Eric Anziani, President and Director of Operations at Crypto.com, stated that the partnership will bring a “real momentum for the digital asset industry” and enable both companies to provide innovative financial solutions to its customers.
Dubai embraces encrypted currency
Dubai has made steady steps to become a center for innovation digital assets and innovation of digital assets.
In a modern development, the Solana Foundation signed a memorandum of understanding with the Dubai Virtual Assets Regulatory Authority (VARA) to establish Dubai Solana Economic Zone, a cooperative environment aimed at enhancing constructive participation between encryption developers and organizers.
In another noticeable step, the Dubai Ministry of Land in May announced that it would use the Professor’s notebook as the Blockchain spine for the distinguished real estate code initiative.
This represents first regional, as no other governmental government property record in the Middle East was adopted by General Blockchain to digitize property ownership.
the next
Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Rose is a cherry content writer with a strong background in financing and technology. It simplifies the complex Blockchain topics and encrypted currencies, and provides insight and market analysis to help readers move in the advanced encryption scene.
The post Crypto.com Teams Up With Emirates to Launch Crypto Payments first appeared on Investorempires.com.
