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UAE’s airline Emirates to accept Bitcoin as a payment method

13 May 2022 : 09:41
2 min read
  • Dubai airline Emirates has revealed plans to integrate "bitcoin as a payment service"
  • The airline's aspirations to embrace Bitcoin come just a few weeks after the company disclosed its NFT and metaverse plans
  • When Emirates implements these plans, and customers will be able to pay with Bitcoin is unknown

Dubai airline Emirates has revealed plans to integrate “bitcoin as a payment service” and wants to launch a metaverse and NFT trading platform.

Emirates will accept Bitcoin

Emirates Airlines, the major airline in the United Arab Emirates (UAE), will soon accept “bitcoin as a payment service,” according to the company’s chief operating officer (COO), Adel Ahmed Al-Redha. The airline’s aspirations to embrace Bitcoin come just a few weeks after the company disclosed its NFT and metaverse plans.

In comments published in Arab News, Al Redha mentioned that his company might need to hire staff to help it develop applications that track client wants. He also indicated that the airline would try to use blockchain to track aircraft records. However, when Emirates implements these plans, and customers will be able to pay with Bitcoin is unknown.

UAE’s crypto adoption

Like Abu Dhabi and the wider United Arab Emirates, Dubai has been attempting to attract crypto companies by establishing a clear legislative framework within which digital asset companies can operate. These regulations have attracted many crypto exchanges, but they also appear to be opening the door for more traditional businesses to embrace crypto.

Another example is Damac, a luxury real estate developer based in Dubai, United Arab Emirates, which will soon accept cryptocurrency payments.


About Author

Stan Colenbrander

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Stan is the head of news and podcast host at Cryptonary. He was formerly a member of the Cryptonary Pro community. In early 2021, he decided to drop out of journalism school at university to pursue journalism in real life and make an impact in the crypto space. . His areas of interest include the NFT industry, decentralised finance, and crypto start-ups.

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