Express

Multiple Airlines in UAE Support Cryptocurrency Payments for Ticket Purchases

Summary: According to reports from Cointelegraph, airlines in the UAE such as Emirates and Etihad Airways have partnered with platforms like Crypto.com to support payment of flight tickets using Bitcoin, Ethereum, and stablecoins. Travelers can book through crypto-friendly platforms like Travala and settle directly using their cryptocurrency wallets or purchase gift cards. The regulatory framework for ...

According to reports from Cointelegraph, airlines in the UAE such as Emirates and Etihad Airways have partnered with platforms like Crypto.com to support payment of flight tickets using Bitcoin, Ethereum, and stablecoins. Travelers can book through crypto-friendly platforms like Travala and settle directly using their cryptocurrency wallets or purchase gift cards. The regulatory framework for crypto payments is supported by the Dubai Virtual Asset Regulatory Authority (VARA). Data shows a 46% increase in crypto flight bookings from 2023 to 2024, with stablecoins being favored by merchants due to their price stability.

Last Update:

Tags:
Link: Multiple Airlines in UAE Support Cryptocurrency Payments for Ticket Purchases [Copy]

Last: Crypto Investor Huang Licheng's 25x Leveraged ETH Long Position Faces Over $4 Million in Unrealized Losses

Next: Over $384 million liquidated in past 24 hours, majority from long positions

Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 2 hours ago

BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 3 days ago

The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 7 days ago

Google Steps Into Blockchain: A New Front in the “Ledger Wars” 9 days ago

Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 11 days ago