Dubai's government accepts crypto payments through partnership with crypto.com

As part of the Dubai Fintech Summit, representatives of the Dubais government and Mohammed Al Hakim, President of Crypto.com in the United Arab Emirates, signed a corresponding declaration of intent on Monday. The aim of the agreement is to make selected state services affordable via digital wallets from Crypto.com. According to the Dubais tax authority, the system will enable users to pay with large cryptocurrencies such as Bitcoin or Ethereum.

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Technical implementation and payment processing

Before the functionality is activated, technical precautions must first be taken. As soon as these are completed, both private individuals and business customers of government agencies should be able to pay service fees with cryptocurrencies. Payments are automatically converted into Emirati-Dirham via the platform and transferred to the accounts of the Dubais tax authority. This is intended to guarantee a safe, efficient payment process. This eliminates risks such as the typical volatility of cryptocurrencies.

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Goal: Progress at the “Dubai Cashless Strategy”

The measure is part of the “Dubai Cashless Strategy”, with which the city wants to handle around 90 percent of the transactions in the public and private sector without cash until 2026. By integrating cryptocurrencies in state payment transactions, Dubai pursues the goal of expanding digital payment methods and modernizing administrative processes. The tax authority said that the partnership with Crypto.com contributes to the implementation of an innovative payment framework.

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Regulatory basis and market development

Crypto.com received a license to provide regulated services with virtual assets in Dubai in 2023. In April 2025, a limited approval of the offer from derivatives by the responsible regulatory authority followed. Dubai has been positioning itself as a location for digital financial technologies for several years and relies on cooperation with global providers. The current initiative is considered part of this long -term strategy to promote a technology -oriented financial ecosystem.

Dubai has been a pioneer in blockchain technology for years. As early as 2016, the government launched the Dubai Blockchain Strategy with the aim of becoming the first city worldwide until 2020 that is completely based on blockchain. This strategy, initiated by Sheikh Mohammed bin Rashid al Maktoum, included the digitization of government documents, the promotion of blockchain startups and the development of infrastructures for decentralized technologies. Although the goal of fully relying on blockchain, was ambitious and was not fully reached, Dubai has continued to invest in this direction.

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