Dubai’s Division of Finance (DOF) plans to make use of cryptocurrencies to course of funds for presidency companies within the emirate. Within the days to come back, residents of Dubai will be capable of pay for presidency companies utilizing cryptocurrencies. On Tuesday, Might 13, the DOF introduced a partnership with Crypto.com, onboarding it because the crypto fee facilitator. Dubai authorities see the transfer as a big step in direction of advancing its digital finance capabilities.
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