Emirates Group has signed an agreement with popular exchange Crypto.com and Dubai Duty Free to begin integrating crypto payments into its systems. Emirates’ Adnan Kazim and Crypto.com’s Mohammed Al Hakim signed the Memorandum of Understanding, and it was signed in the presence of Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline & Group and Michael Doersam, Emirates’ Chief Financial & Group Services Officer.
As per the official release from the Media Office of Government of Dubai, the move aims to offer more flexibility and align with Dubai’s growing crypto ambitions. Adnan Kazim and Mohammed Al Hakim reiterated that meeting the growing need of digital payment options is paramount. The integration of Crypto.com Pay is expected for the next year.Â
The promotional activities for this initiative will start soon for the education of customers and to drive adoption. While the rollout is still being planned, Emirates wants to see cryptocurrency as one of the options.
Dubai Strengthens Crypto Ecosystem Across Sectors
Just days earlier, the Dubai Land Department also partnered with Crypto.com to digitize real estate transactions. That deal aims to enable tokenized property sales and boost the UAE’s Dh1 trillion real estate target.
Moreover, the UAE already allows citizens to pay government fees using crypto. These partnerships are now moving towards the next logical step—bringing crypto into everyday travel and retail. Besides, industry leaders see this as validation of digital assets’ future in the region.
Following the news, combined with the token’s inclusion in Truth Social’s ETF, Cronos (CRO) price spiked dramatically on crypto exchanges. It surged over 20% in 24 hours, currently priced at $0.09527—as per CoinMarketCap data.Â
Also Read: Cronos (CRO) Pumped 20% on Trump Media’s Blue Chip ETF Inclusion
