In a major first for digital finance, Dubai will soon allow residents to pay for government services using cryptocurrency. The move, announced during the Dubai FinTech Summit, marks a historic step in integrating blockchain-backed currencies into public sector operations. The Department of Finance (DOF) signed a memorandum of understanding (MoU) with global digital asset platform Crypto.com. Once operational, the system will enable residents to pay for government services using crypto, which will be converted into AED before being transferred to DOF accounts. This would make Dubai the first government in the world to implement crypto payments across a wide range...