adminDubai’s Department of Finance has taken a major step toward digital transformation by partnering with Crypto.com. This collaboration will allow residents to pay government service fees using large-market-cap cryptocurrencies like Bitcoin and Ethereum.
The memorandum of understanding was signed during the Dubai FinTech Summit, with Mohammed Al Hakim, president of Crypto.com UAE, and local officials cementing a strategic agreement to digitize public payment processes.
Under this initiative, once the technical setup is complete, individuals and business clients of government agencies will be able to settle their fees through the Crypto.com platform using digital wallets.
Dubai Finance emphasized that any cryptocurrency used for payment will be automatically and securely converted into Emirati dirhams. The funds will then be transferred to the government’s accounts through a secure system.
According to a Crypto.com spokesperson, the partnership will enable payment for common services such as utilities and parking fees using leading crypto assets, marking a shift in public payment convenience.
This partnership supports the “Dubai Cashless Strategy,” a government initiative aiming for 90% of all public and private sector transactions in Dubai to be cashless by 2026.
Al Hakim described the move as a “truly global first programme,” emphasizing that Dubai continues to lead in the integration of blockchain and crypto innovation into real-world use cases.
Dubai has long been positioning itself as a global technology hub. With regulatory frameworks in place and growing crypto support, the city is steadily building a foundation for a fully digital economy.