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Dubai Partners with Crypto.com for Gov Payments
By: cryptosheadlines|2025/05/15 07:15:05
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Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Crypto exchange Crypto.com has extended its presence in Dubai, partnering with the government to facilitate government service payments. The partnerships, announced by Dubai’s Department of Finance, align with the city’s ambitious transition to a cashless society. Crypto.com confirmed that some of the services covered by the partnership included government-sponsored services such as parking.The agreement will support individuals and business customers of government entities to pay for service fees using crypto via Crypto.com’s wallet.https://t.co/vCNztATkNg is proud to be selected to support @DOF_Dubai in a world-first agreement to enable a Government-wide implementation of payments digitisation.Read more https://t.co/1UJbe7YEH7 pic.twitter.com/YbaoBChldI— Crypto.com (@cryptocom) May 13, 2025Dubai Finance remarked, “The platform will securely convert these payments into Emirati dirhams and transfer them to Dubai Finance accounts, ensuring a streamlined, secure, and innovative payment framework.”SourceDubai authorities have not specified which cryptocurrencies will be accepted. However, the integration marks a bold step toward everyday crypto utility in one of the world’s most tech-forward cities.Crypto.com’s Growing Footprint in the UAEThis development builds on Crypto.com’s expanding operations in the region. In 2023, the exchange secured its Virtual Asset Service Provider (VASP) license in Dubai, giving it the green light to legally offer its services across the emirate. Dubai continues to attract global players as it positions itself as a leading crypto and Web3 hub.It’s officially coming https://t.co/vCNztATkNg is partnering with Bread Financial to launch a new credit card program in the US – our boldest and most rewarding to dateFeaturing 5⃣ credit card tiers from Midnight to Obsidian: All tiers will earn uncapped CRO rewards... pic.twitter.com/qWGJT119Ir— Crypto.com (@cryptocom) April 24, 2025Outside Dubai, Crypto.com is also making waves in the U.S. market. The company recently launched a co-branded credit card with Bread Financial. The card allows U.S. users to earn CRO tokens on everyday purchases. The Visa card comes in five tiers and offers up to 5% back in CRO, Crypto.com’s native token.The rewards are automatically deposited into users’ crypto wallets. Once there, users can trade, stake, or invest in assets like NFTs or tokenized stocks. Some tiers even offer perks like Netflix and Spotify rebates.DisclaimerThe information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.The post Dubai Partners with Crypto.com for Gov Payments appeared first on Altcoin Buzz.Source link
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