Dubai’s Department of Finance has partnered with Crypto.com to enable government service payments in cryptocurrency, a move that marks a significant shift toward a digital financial model. The initiative was unveiled at the Dubai FinTech Summit. 🇨🇦 This partnership leverages Crypto.com’s platform for converting cryptocurrencies into Emirati dirhams (AED) to mitigate volatility risks for both the government and citizens. This groundbreaking collaboration, championed by Ahmed Ali Meftah and Abdulla Mohammed Al Basti, aims to pave the way for a more sustainable and cashless financial ecosystem in the emirate. 💰 🌎 The move could lead to increased crypto adoption as services are seamlessly integrated with digital payment infrastructure. Dubai is well-positioned to set new benchmarks for its government’s approach to blockchain technology, shaping the future of financial transactions globally.