Dubai Goes Full Crypto: Government Now Accepts Digital Assets for Public Services
Oil money meets blockchain—Dubai’s government just greenlit crypto payments for everything from visas to traffic fines. No more dirham drag for crypto whales.
Sandstorm of Adoption
The move makes Dubai the first major global city to integrate crypto at the municipal level, bypassing traditional banking rails. Bitcoin, Ethereum, and select altcoins reportedly made the cut.
Tax Haven 2.0?
Critics whisper this is less about innovation and more about attracting fresh capital after the UAE’s AML crackdown scared off old-money oligarchs. Either way, the crypto crowd’s buying literal Lamborghinis with their gains now.