- The Association supports Dubai’s without effective strategy by allowing safe, efficient and inclusive financial transactions through cryptocurrencies
- The initiative further strengthens Dubai’s position as a global center for financial innovation
- Signature made regardless of the participation of DOF and Crypto.com at the Dubai Fintech summit
Dubai Finance (DOF) has signed a memorandum of understanding (MOU) with Crypto.com, a cryptocurrency trade platform recognized worldwide, to allow the payment of government service rates using cryptocurrencies, and globate a significant steps of a significant that is significant that it is significant that the significant thing that is significant that it is significant that it is significant that it is significant that it is significant that it is significant that it is significant that
The Mou was signed today in the presence of its excellence Abdulla Mohammed al Basti, general secretary of the Executive Council of Dubai, and his excellence Abdulrahman Saleh al Saleh, general director of DOF. The agreement was formalized by Ahmad Ali Meftah, executive director of the central accounts sector at DOF, and Mohammed al Hakim, president of Crypto.com EAU, the cryptocurrency platform licensed by the Dubai Virtual Assets Regulatory Authority).
The firm took place outside the participation of Dof and Crypto.com at the Dubai Fintech summit, which praised today at the Dubai International Financial Center, represents a step to advance in the Dubai digital finance panorama.
The Association supports the implementation of Dubai’s without effective strategy by allowing safe, efficient and inclusive financial transactions through cryptocurrencies. It also paves the way for Dubai’s transition to a complete society without effective and without effective by empowering the government or Dubai to introduce a new digital payment channel into its official platforms. The initiative will allow payments without problems and insurance of government services using stable cryptocurrencies, further strengthening Dubai’s position as a global center for financial innovation.
His excellence Abdulla Mohammed al Basti, general secretary of the Executive Council of Dubai, He said that the adoption of safe cryptocurrency solutions within the Dubai government payment system reflects a proactive approach to anticipate future needs and respond to global economic and financial developments.
“Dubai continues to advance through coordinated efforts between government entities and key sectors to comply with and overcome the executions of individuals, companies and the community in general. As a global leader in digital transformation, the segysestoSysetenen emiradas solutions that support their strategy without cash, rationalize government transactions and innovation of promotion in financial services. Basti
His excellence Abdulrahman Saleh al Saleh, general director of DOF, SAID: “We take a pride in dubai Finance’s Key Role in Driving the Dubai Cashless Strategy and Shaping A Digital Digital Financial Future. Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to enhance Dubai’s global position in digital payments.
Eric Anziani, President and Operations Director of Crypto.comHe said: “The Dubai government has been a true global visionary with its plans for a society without cash. We are proud to be selected to support Dubai’s Finance Department as part of this initiative, which will see Crypto.com allow the digitalization of delivery delivery.
Ahmad Ali Meftah, Executive Director of the central accounts sector at DOF, He reaffirmed Dubai Finance’s commitment to adopt the latest financial technologies, underlining Dubai’s ambitious vision to position himself as a global center for digital payments.
“The collaboration between the public and private sectors plays a vital role in the impulse of this transformation. We are actively developing an advanced regulatory framework that encourages innovation while guaranteeing the highest safety standards and efficiency chancys. This and its chancomy.
Mohammed al Hakim, president of Crypto.com Eau, He said: “Today’s representatives progress significant for the adoption of digital finances with integral integration into the layers of government payments. As part of the ambitious D33 agenda, we are honored to associate with Globate Tea on a tea of trulare to tea in a trulare tea in a tea trusty to trulare tea in a trulare tea to trulare.
Amna Mohammed Lotah, director of the Digital Payment Systems Regulation, SAID: “The Dubai Cashless Strategy Aims to Stregthen the Emirarate’s Position Among The World’s Leading Digital Cities, with Goal of Behavio Manager than 90% OF FINANCIAL TRANSACTIONS ACROSS BOV THE PUBLIC AND PRIVATE SECTORS THROUTH CASHLESS METHODS BY Agreement with a Globally Renowned Cryptocurrency Platform Marks A Groundbreaking Initiative, Enabling Government Service Users to Pay All Government Fees Through Digital Currencies – Of Un Prized Step In The Global Financial Landscape Strategy significantly.
The Dubai Cashless strategy is expected to boost economic growth by adding at least 8 billion annually to the economy, fueled by the development of a wide range of innovative financial technology services and the accelerated expansion of the Dubai Fintech sector.
Once the technical agreements necessary for the activation of the agreement, the people and companies of the government entities are completed, the Seamlesly service rates through the digital wallets of.com can pay. The platform will safely convert these payments in Emirati Dirhams and will transfer them to Dubai financial accounts, ensuring an optimized, safe and innovative payment framework.
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