Crypto.com said its UAE central bank SVF license makes it the first virtual asset service provider authorized to support crypto payments for government fees, while a brief announcement says Dubai residents can pay taxes and fees with Bitcoin and crypto.
Crypto.com announced that its UAE entity became the first virtual asset service provider to receive a Stored Value Facilities license from the UAE central bank, which the company said enables it to exclusively offer UAE residents digital-asset payments for government fees. A separate brief announcement stated that Dubai residents can pay taxes and fees with Bitcoin and other cryptocurrencies, but it did not identify participating agencies, a launch date, supported tokens beyond Bitcoin and crypto generally, or the payment processor. Taken together, the topics point to a regulated government-payment use case for digital assets in Dubai and the UAE, with Crypto.com’s licensing announcement providing the clearest named regulatory framework and payment infrastructure context.