Dubai Tests Ethereum Payments: Direct Acceptance Delayed

Dubai is experimenting with crypto payments, but direct Ethereum acceptance remains unclear. The city’s pilot program focuses on converting crypto to dirhams for government services. While official statements confirm this process, reports claim direct Ethereum payments are now accepted, leading to confusion. However, the Dubai Department of Finance emphasized regulated partners are crucial for converting crypto into dirhams before processing payments. This initiative highlights Dubai’s digital transformation ambitions and fintech integration, but it’s important to remember that these are not direct Ethereum transactions.