Emirates Airlines and Crypto.com have announced a partnership to explore cryptocurrency payment solutions through Dubai’s travel ecosystem. This initiative, which includes Dubai duty free to sign a memorandum of understanding (Mou) with the Global Crypto Exchange, will allow the payments of digital assets both in the physical and online retail platforms.
The target agreement of the millions of international travelers passing through Dubai International Airport, positioning Dubai as a pioneer in retail trade which accepts cryptocurrency, in accordance with the economic agenda of the city D33 to become a global innovation center and a leader of the smart economy.
The signature ceremony brought together its Highness Sheikh Ahmed Bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority and CEO of Emirates Airline & Group, with Ramesh Cidambi, Director General of Dubai Duty Free, and Mohammed Al Hakim, President of Water Operations in Crypto.com.
The partnership not only covers the integration of payments, but also the joint marketing and customer engagement programs to take advantage of the forces of the two organizations.
Dubai Duty Free aims to place a solid base for the acceptance of cryptography, driven by solid results in the first half of 2025, income reaching 4.118 billion DEA ($ 1.128 billion), up 5.34% in annual shift. This is based on an experience in the adoption of cutting -edge payment technologies, such as Alipay and Terrapay, to create a retailing trip for the future.
The two parties will now start detailed feasibility studies and planning to put cryptographic payment solutions on the market, while promoting Dubai digital transformation efforts and supporting successful water partnerships with Crypto.com and Dubai Islamic Bank.
This decision comes in the middle of the growing impulse for cryptographic payments in the travel sector in the world and contrasts with the tightening of EU Mica regulations. The government without species of the government aims at 90% of transactions to go digital by 2026, those responsible estimating that the adoption of digital payments could increase the local economy by at least 8 billion dirhams ($ 2.17 billion).
At the same time, security problems remain an obstacle, 37% of users citing hacking and fraud as key obstacles, according to recent industry surveys. With millions of world travelers passing through Dubai each year, this partnership could accelerate the traditional adoption of cryptocurrencies by demonstrating its practical and daily applications.
In the end, the joint venture between Emirates Airlines and Crypto.com goes beyond payment technology; It marks a daring leap to a digital economy, Dubai seeking to establish itself as an “innovation center” which welcomes crypto, NFT and metavese initiatives, even if other markets hesitate above the regulations.
Following the latter, Bitcoin, the largest cryptocurrency in the world by market value, reached a new summit of $ 117,999.50 at 05:49 UTC (12:49 pm Bangkok Time) Friday, having jumped 26% annual.
In March, US President Donald Trump signed an executive decree to establish a strategic bitcoin reserve and appointed friendly personalities such as the President of the United States Paul Atkins and the White House AI advisor David Sacks, to key roles, further strengthening the feeling of the digital asset market.
As for the Thai market, the actions of Bitcoin companies continued to publish notable gains at the end of the morning session on Friday.
Jasmine Technology Public Solution Company Limited (Set: Jts) increased by 10.16% or 3.25 THB to 35.25 THB, with a commercial value of 33.33 million THB.
The Brooker Group Public Company Limited (May: BTC) added 9.09% or 0.03 THB to 0.36 THB, with a negotiation value of 16.50 million THB.
Ziga Public Innovation Company Limited (May: Ziga) increased by 9.01% or THB 0.10 to 1.21 THB, with a commercial value of 13.71 million THB.
Xspring Public Capital Company Limited (set: Xpg) increased by 3.77% or 0.02 THB to 0.55 THB, with a negotiation value of 42.07 million THB.
