onlyTrustedInfo.comonlyTrustedInfo.comonlyTrustedInfo.com
Notification
Font ResizerAa
  • News
  • Finance
  • Sports
  • Life
  • Entertainment
  • Tech
Reading: Dubai’s Emirates signs preliminary deal to add crypto to payments
Share
onlyTrustedInfo.comonlyTrustedInfo.com
Font ResizerAa
  • News
  • Finance
  • Sports
  • Life
  • Entertainment
  • Tech
Search
  • News
  • Finance
  • Sports
  • Life
  • Entertainment
  • Tech
  • Advertise
  • Advertise
© 2025 OnlyTrustedInfo.com . All Rights Reserved.
Finance

Dubai’s Emirates signs preliminary deal to add crypto to payments

Last updated: July 9, 2025 8:59 am
Oliver James
Share
1 Min Read
Dubai’s Emirates signs preliminary deal to add crypto to payments
SHARE

DUBAI (Reuters) -Emirates has signed a preliminary deal with Crypto.com that will allow its customers to make payments through the crypto trading platform’s payment service, the Gulf carrier’s parent company said in a statement on Wednesday.

The partnership, which is expected to come into effect next year, is aimed at tapping into “younger, tech-savvy customer segments who prefer digital currencies”, Adnan Kazim, Emirates’ deputy president and chief commercial officer, said in a statement.

The United Arab Emirates has been emerging as a key hub for crypto companies in recent years, with several setting up shop or seeking to expand, and has enabled payments via cryptocurrencies in areas like real estate, school fees and transportation.

In Dubai, which set up watchdog VARA in 2022 to regulate the emerging virtual asset sector, one of the city’s largest free zones, the DMCC, hosts more than 650 crypto firms.

Other airlines have in recent years adopted cryptocurrencies as payment options. In the Gulf, Dubai-listed Air Arabia said in May it would accept UAE dirham-backed stablecoin AE Coin for flight bookings.

(Reporting by Federico Maccioni)

You Might Also Like

Financial Experts: These Are the Top Mistakes Americans Make When Investing in the Stock Market

Why Oklo Stock Got Slammed on Monday

Warren Buffett’s Best Advice for Recessions

“Shark Tank’s” Kevin O’Leary Says “Panicking Helps Nothing” When It Comes to Saving for Retirement. 3 Strategies to Lean Into Instead.

Here’s what CEOs are saying about Trump’s tariffs and the economy

Share This Article
Facebook X Copy Link Print
Share
Previous Article Lawsuit against Tesla includes claim the automaker hid data after fatal crash Lawsuit against Tesla includes claim the automaker hid data after fatal crash
Next Article 6 Secret Service agents suspended over conduct during attempted Trump assassination 6 Secret Service agents suspended over conduct during attempted Trump assassination

Latest News

30 Most Expensive Retirement Towns in America
30 Most Expensive Retirement Towns in America
Finance July 9, 2025
Social Security Cuts Could Cost You 8K: Here’s How Much More You’ll Need To Save
Social Security Cuts Could Cost You $138K: Here’s How Much More You’ll Need To Save
Finance July 9, 2025
Healthcare expert warns of coverage shock under ‘One Big Beautiful Bill’
Healthcare expert warns of coverage shock under ‘One Big Beautiful Bill’
Finance July 9, 2025
Here’s the Best 0 Retirees Can Spend To Get Their Finances on Track
Here’s the Best $200 Retirees Can Spend To Get Their Finances on Track
Finance July 9, 2025
//
  • About Us
  • Contact US
  • Privacy Policy
onlyTrustedInfo.comonlyTrustedInfo.com
© 2025 OnlyTrustedInfo.com . All Rights Reserved.