Crypto.com Secures UAE License for Dubai Government Crypto Payments

Crypto Payments for Dubai Government Services Gain Approval

Crypto.com has received a Stored Value Facilities (SVF) license from the Central Bank of the United Arab Emirates, allowing residents to pay Dubai government fees using cryptocurrencies through the platform. The approval marks a major step in Dubai’s push toward digital and cashless payments.

Under the new framework, users will be able to fund payments using digital assets, while settlements will be completed in UAE dirhams or approved dirham-backed stablecoins. The move supports Dubai’s broader strategy to modernize financial services and expand regulated crypto adoption.

Crypto.com Expands UAE Regulatory Presence

The license activates Crypto.com’s partnership with Dubai’s Department of Finance, enabling the exchange to process government-related payments through its local entity, Foris DAX Middle East FZE. The approval also strengthens the company’s growing regulatory position in the Middle East, where compliance and licensing have become central to crypto expansion.

Future Crypto Payment Integrations in UAE

The company said future integrations could include services with Emirates Airlines and Dubai Duty Free, although those plans still require additional approvals from UAE regulators. The development reflects increasing efforts to merge traditional payments with regulated digital asset services across the region.