Dubai government to accept crypto payments
The global crypto adoption is growing and a lot of companies and countries are coming forward to adopt crypto mechanism for different purposes. this is good because if the demand will rise then you can also result in the value appreciation and that is what you all expect to happen in the Crypto and Bitcoin market.
Now there is a good news coming from the Dubai government that they are going to enable Crypto payments for the government services with the collaboration with crypto.com which is a leading exchange operating worldwide. With this they are going to enable Crypto payments for all the government services were people in Dubai will be able to used to for making different payments for the government services.
Dubai's Department of Finance announced a partnership with crypto platform Crypto.com that will allow government service fees to be paid with large-cap cryptocurrencies
The good news is that government itself has taken this initiative which is great. Now it can also be a good example where many other countries might think about it and they can also explore the possibilities see how they can go ahead with simulator innovation in their country address because this way more people will come to Crypto which is anyways growing.
We know that Dubai is a country that is working more towards Crypto and making it a hub for crypto companies. I believe that this is going to be a great opportunity for all those companies was being in the fifth segment to have their gems in the Dubai and grow.
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