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Crypto.com Explores Introducing Cryptocurrency Payments in Dubai Duty-Free Shops
Summary: According to the Financial Technology Times, cryptocurrency service provider Crypto.com has signed a memorandum of understanding with Dubai Duty-Free shops to explore implementing cryptocurrency payments. Under the agreement, Crypto.com will offer cryptocurrency payments in-store and online at Dubai Duty-Free shops, providing travelers with more diverse payment options. Dubai Duty-Free shops reported a revenue of 4.118 ...
According to the Financial Technology Times, cryptocurrency service provider Crypto.com has signed a memorandum of understanding with Dubai Duty-Free shops to explore implementing cryptocurrency payments. Under the agreement, Crypto.com will offer cryptocurrency payments in-store and online at Dubai Duty-Free shops, providing travelers with more diverse payment options. Dubai Duty-Free shops reported a revenue of 4.118 billion dirhams (1.128 billion USD) in the first half of this year, a 5.34% increase from the same period last year. This collaboration signifies an important step for Dubai in its journey to become a global cryptocurrency hub.
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Link: Crypto.com Explores Introducing Cryptocurrency Payments in Dubai Duty-Free Shops [Copy]
