Dubai Duty Free Introduces Cryptocurrency Payments
Prefer us on Google
Dubai Duty Free has launched Crypto.com Pay at its stores in Dubai International Airport and Al Maktoum International Airport, as well as its online mall. The service is limited to residents of the United Arab Emirates (UAE). Dubai Duty Free is the first regulated airport retailer in the Middle East to start accepting cryptocurrency payments. Customers can scan a QR code at the checkout or approve payments through the Crypto.com app on the online or mobile payment screen. While customers can pay with their digital assets held in the app, Dubai Duty Free does not hold cryptocurrencies directly, and payments are made in United Arab Emirates Dirhams (AED). This introduction follows a memorandum of understanding signed between Dubai Duty Free and Crypto.com in July 2025. Crypto.com announced that its UAE entity, Foris DAX Middle East FZE, obtained a Stored Value Facility (SVF) license from the UAE Central Bank on May 11, 2026. Dubai Duty Free operates digital payment methods such as Apple Pay, Alipay, and TerraPay, with revenue in 2025 reaching 8.68 billion Dirhams, equivalent to 2.378 billion dollars. The Dubai government plans to transition 90% of government and private sector transactions to cashless methods by 2026.
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
U.S. Treasuries Are 'Heating Up': How Will Rising Long-Term Rates Affect Crowded Trades in Tech and Banking?
Axel Kicillof stated that family indebtedness is a "massive disaster" created by the national government
On-chain options close in on crypto’s $21B-a-day perp market to deepen liquidity everywhere
Visit of León XIV: Who is Robert Prevost, the Second Pope to Visit Argentina
UNODC's Latest Crime Report: AI and Virtual Assets Reshape Southeast Asia's Criminal Ecosystem
Expanding the Digital Asset Landscape! BNY Mellon to Launch Cryptocurrency Staking Services
After the World Cup, HIP-4 Awaits Its 'Election Day'
How to Use AI for Crypto Project Research? A Step-by-Step DYOR Guide
Bitcoin: A Curve in Retrospect, A Torment in Real Time
The anticipated premiere arriving on Prime Video that promises to become one of the most viewed
$130 Million USDT Frozen: OFAC Expands Crackdown on Iran's Crypto Financial Network
Why Palantir, Optical Stocks, SpaceX, and Oil Moved This Week
Attention Monotributistas: The Deadline for a Key ARCA Procedure Has Arrived
The Iconic Bitcoin Investment Rule Faces Its Toughest Test in History
Why Has Bitcoin Not Yet Emerged from the Bear Market Despite Policy Green Lights?
Intesa Sanpaolo Bank Reduces IBIT Holdings by 94% While Tripling Staked ETH ETF Position
Tokenized Stocks Daily: Optical Networking Rally, SpaceX Earnings Beat & SNDK Earnings Watch | WEEX TradFi
Today’s WEEX TradFi Daily Brief covers optical networking stocks, SpaceX and Palantir earnings momentum, oil market moves, and key earnings to watch.
State Deficit: €106.8 Billion in the First Half, France Drives the Point Home
Taurus brings full Hedera stack to 40+ banks
Eliza Labs Founder Ends Token Project After Legal Settlement
Implementation of the Financial Instruments and Exchange Act Marks a Big Bang for the Industry
How Blockchain Keeps Secrets: Three Answers to On-Chain Privacy
Behind the Record Highs of Risk Assets: The True Support for the Market Comes from Policy Credibility Rather than Optimistic Sentiment
POAP Replays the Broken Dreams of the Internet: Technology Changes, but the Endgame Remains the Same
A Shift in Era: Coinbase Trapped in Old Coordinates
AI: OpenAI Takes Its Clash with Apple Public
SpaceX's AB Side: Starlink Earns $18 Million Daily, AI Burns $170 Million Daily
Futurist Names 5 Reasons for SpaceX's Potential to Become the First $10 Trillion Company
The Truth Behind the Anxiety in the Crypto Industry: We Are Losing Our Innovativeness
Stock Price Plummets 80%, $20 Billion Loss in Six Months, How Much Longer Can Strategy Hold On?
U.S. Treasuries Are 'Heating Up': How Will Rising Long-Term Rates Affect Crowded Trades in Tech and Banking?
Axel Kicillof stated that family indebtedness is a "massive disaster" created by the national government
On-chain options close in on crypto’s $21B-a-day perp market to deepen liquidity everywhere
Visit of León XIV: Who is Robert Prevost, the Second Pope to Visit Argentina
UNODC's Latest Crime Report: AI and Virtual Assets Reshape Southeast Asia's Criminal Ecosystem
Expanding the Digital Asset Landscape! BNY Mellon to Launch Cryptocurrency Staking Services
Contents
Latest articles
Latest coin listings on WEEX
