UAE Cuts Fuel Payments Friction—Now Pump Gas with Bitcoin
Dubai just flipped the script on fossil-fuel finance. The UAE rolls out crypto payments at gas stations nationwide—because nothing says ’energy transition’ like paying for oil with digital magic beans.
No more fumbling for cash
Drive-up crypto adoption hits the fast lane as motorists can now settle fuel bills using major cryptocurrencies. The move bypasses traditional payment rails—and, conveniently, the UAE’s 5% VAT on card transactions.
Petrodollars meet blockchain
While OPEC+ debates production cuts, the Emirates quietly positions itself as the Gulf’s crypto hub. Skeptics whisper this is less about innovation and more about laundering oil wealth through decentralized ledgers—but hey, at least the pumps accept ETH.
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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the shiba inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.