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4d ago

Emirates and Crypto.com Sign MoU to Pilot Crypto Payments for Flights

The pilot follows the UAE’s strategy to cement its role as a global cryptocurrency hub

An Emirates Airlines Airbus A380 is parked at Cairo International Airport, Egypt October 17, 2024. REUTERS/Amr Abdallah Dalsh/File Photo
Emirates signs deal to accept crypto payments for flight bookings: Report
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Overview

  • Emirates Airline and Crypto.com signed a preliminary MoU to explore integrating Crypto.com Pay into the carrier’s booking and payment systems
  • The integration is slated for a 2026 rollout, pending technical integration and approval under the UAE’s Virtual Assets Regulatory Authority framework
  • Dubai Duty Free entered a parallel MoU with Crypto.com to enable cryptocurrency payments at Dubai International Airport
  • The partnership builds on earlier UAE crypto initiatives, including Air Arabia’s AE Coin stablecoin and cryptocurrency government fee payments, to engage younger, tech-savvy travelers
  • Backed by Dubai’s regulatory framework and the DMCC free zone hosting over 650 crypto firms, the pilot advances the UAE’s goal of 90% cashless transactions by 2026