The strategy has also been predicted to add at least 8 billion dirhams ($2.1 billion) to the economy, according to the DOF, fuelled by the development of financial technology services and the accelerated expansion of Dubai’s fintech sector.
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Dubai taps Crypto.com to enable crypto payments for govt services
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Dubai predicts that its cashless society strategy will add at least 8 billion dirhams ($2.1 billion) to the economy, driven by the development of financial technology services and the expansion of the fintech sector
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