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via Cointelegraph · By Cointelegraph Staff
Crypto.com Secures UAE License for Government Crypto Payments
CS
Cointelegraph Staff(09:15 AM UTC)
1 min read
Crypto.com has received a Stored Value Facilities license from the Central Bank of the United Arab Emirates, allowing residents to pay Dubai government fees using cryptocurrencies via its platform, the company said Monday.
The company says the license allows users to fund payments in digital assets while settlements are made in UAE dirhams or in dirham-backed stablecoins approved by the central…
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