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Crypto.com becomes first licensed VASP in the UAE cleared to process crypto payments for Dubai government fees!

Crypto.com has secured a landmark regulatory milestone in the Middle East, becoming the first Virtual Asset Service…

Crypto.com has secured a landmark regulatory milestone in the Middle East, becoming the first Virtual Asset Service Provider licensed in the UAE to process cryptocurrency payments for Dubai government fees. The authorization marks a direct integration of digital assets into sovereign public-sector infrastructure — not just a private-sector use case.

Dubai has been one of the most aggressive jurisdictions globally in building a regulated crypto framework, and this clearance signals that the emirate is ready to move beyond licensing exchanges toward embedding crypto as a functional payment rail for state services. For Crypto.com, the designation is a significant competitive moat in a region where institutional and government-adjacent crypto adoption is accelerating faster than almost anywhere else.

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Aggregated from CoinTelegraph · Verified · Last refreshed 1h ago
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