Four Sectors in Dubai That Are Spearheading Crypto Adoption
2022.05.17 16:12
Four Sectors in Dubai That Are Spearheading Crypto Adoption
- A Dubai-based law firm will now be accepting crypto as payment.
- Recently, a Dubai school announced that it would soon accept crypto.
- UAE is turning out to be a global crypto hub.
As crypto adoption picks up around the world, the United Arab Emirates has turned out to be a flag bearer of the decentralized currency in the Middle East. According to reports, UAE is one of the top markets globally, where 33% of residents say they have invested in crypto.
Here are some of the firms accepting crypto in the UAE:
Law Firms
Ashish Mehta & Associates, Solicitors and Legal Consultants have announced their plans for accepting payments in cryptocurrencies from their clients. The law firm will, for now, be accepting Tether USD, Bitcoin, and Ethereum. Ashish Mehta, founder and managing partner, remarked that the regulatory and compliance framework devised by the government of Dubai and the United Arab Emirates (UAE) greatly encouraged their firm to accept payments in cryptocurrencies.
Schools
Citizens Scho …
Continue reading on CoinQuora
