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BTCC / BTCC Square / CoindeskEN /
Dubai Flips the Script: Government Services Now Open to Crypto Payments

Dubai Flips the Script: Government Services Now Open to Crypto Payments

Author:
CoindeskEN
Published:
2025-05-13 11:58:50
9
2

Dubai Government Opens Door to Accepting Crypto for Service Fees

Oil money meets digital money—Dubai’s government just greenlit crypto for service fees. No more fiat-only shackles for visas, licenses, or fines.

Move over, banks—the emirate’s blockchain pivot accelerates. Critics smirk: ’Finally, a use case beyond speculative trading.’

Active adoption beats regulatory lip service. Watch the legacy finance lobby scramble.

|Square

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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