Crypto.com has become the first Virtual Asset Service Provider in the UAE to receive a Stored Value Facilities license from the Central Bank of the UAE. The approval allows the company to launch crypto payment services for Dubai government fees through its partnership with Dubai Finance. Payments will settle in UAE dirhams or approved stablecoins under a regulated framework. The milestone strengthens the UAE’s push toward a cashless economy and positions Dubai as a global leader in the adoption of regulated digital assets.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Strategy just released its Q2 2026 earnings report, noting an $8.22 billion unrealized net loss…
The CLARITY Act is entering its most critical week yet. U.S. Treasury Secretary Scott Bessent…
The Uniswap (UNI) price climbed nearly 13% over the past week, breaking above a multi-month…
Bitcoin traded near $64,869, up 1.54% over the past 24 hours, while Ethereum climbed to…
Seoul police have arrested three suspects behind a fake XRP staking platform that defrauded 71…
XRP selling pressure is fading fast as Binance exchange inflows have dropped to an all-time…
