Dubai has made a significant step forward in its transition to digital payments by successfully completing a pilot program for crypto-to-dirham settlement of government fees. The initiative, orchestrated by the Dubai Department of Finance (DoF) in collaboration with the Dubai Land Department (DLD), marks the first official use of cryptocurrency for settling public service charges within the UAE. 🇦🇪 This groundbreaking trial utilized the Dubai Pay platform to convert digital assets into dirhams for the payment of property map fees issued by the DLD. The process involved Emirates NBD ensuring regulatory oversight and immediate conversion into dirhams, with the Digital Dubai Authority playing a key role in integrating systems between DoF and DLD to ensure both speed and security. 🔐 This historic pilot serves as a crucial validation point for Dubai’s strategic move towards a secure digital payment infrastructure. This milestone demonstrates the city’s commitment to modernization and efficient financial transactions, paving the way for future integration of crypto payments into its broader ecosystem.