Dubai’s Grand Millenium Hotel and Bybit to offer perks the exchange’s customers

Dubai’s Grand Millenium Hotel and Bybit to offer perks the exchange’s customers

Grand Millennium Hotel Dubai signed a partnership with Bybit, the world’s second-largest cryptocurrency exchange to offer Bybit clients savings and rewards at the hotel in addition to exclusive privelages. It also makes Grand Millennium Hotel Dubai Bybit’s first-ever hotel partner. 

The official signing ceremony was attended by Helen Liu, COO & Partner of Bybit, Sheikh Almualla bin Ahmed Almualla & Feras Al Sadek of Ghaf Group, and Giacomo Puntel, General Manager of Grand Millennium Hotel Dubai.

This strategic alliance enables Bybit cardholders to unlock up to 30 percent in savings across Grand Millennium Hotel Dubai’s standout offerings. Guests can now enjoy exclusive privileges at signature venues including Belgian Beer Café, Toshi Pan Asian Restaurant, Lucky Voice Dubai, Crystal Bar, and Juzz Bar. The benefits also extend to hotel room suites and serviced apartments, meeting and event spaces, and expert catering services, making everyday moments more rewarding for Bybit’s tech-savvy global community.

“This partnership is a signal of where the future of travel and lifestyle is headed,” said Giacomo Puntel, General Manager of Grand Millennium Hotel Dubai. “As the first hotel brand in the region to join forces with Bybit, we are proud to be part of a digital evolution that places accessibility, innovation, and guest experience at the heart of everything we do.”

The collaboration represents a major leap forward in integrating cryptocurrency into real-world travel, making everyday luxuries more attainable for Bybit’s tech-forward community. Whether booking a weekend staycation, planning a corporate gathering, or heading out for a night of exceptional dining and entertainment, Bybit users will find Grand Millennium Hotel Dubai more connected, convenient, and future-ready than ever before.

“Bybit is on a mission to integrate crypto payments into every spending and daily luxuries for our community.UAE Dubai is one of the most popular destinations for entrepreneurs and crypto fans, and this partnership reflects our commitment to supporting them throughout their crypto journeys around the world,” said Helen Liu, COO & Partner of Bybit.

The Bybit Card boasts year-round offers including exclusive travels, early access to premium events, and an expanding network of global partners. The digital-native crypto and fiat card is one of the fastest growing payment solutions of its kind with over 1.7 million cards issued worldwideworld wide. 

The benefits are reserved for Grand Millennium Hotel Dubai guests who use their Bybit Card for eligible payments at the hotel only. 

Dubai Government allows crypto payments for government fees with Crypto.com

Dubai Government allows crypto payments for government fees with Crypto.com

Dubai Department of Finance (DOF) , the governmental entity responsible for budget and its execution has signed an MOU ( Memorandum of Understanding) with Global UAE regulation Crypto.com to allow crypto payments for governmental fees.

The Memorandum of Understanding was signed at the Dubai FinTech Summit in the presence of senior officials. Once the system is activated, individuals and businesses will be able to use Crypto.com’s digital wallet to pay for government services.

The platform will convert crypto payments into AED Fiat currency and securely transfer the funds to Dubai Finance accounts. As per the announcement the move supports the Dubai Cashless Strategy, which aims to boost the local economy and strengthen Dubai’s position as a global leader in financial innovation and digital transformation.

Just last week, Crypto.com and Emarat gas stations also signed an agreement to allow for crypto payments at gas stations in the UAE.

While Eric Trump noted that they would accept crypto for Trump Towers project in the UAE, as well as noting that the World Liberty Financial USD stablecoin (USD1) is the stablecoin that will be used for the UAE MGX Binance deal.

Crypto.com teams up with UAE Emarat Energy company to offer crypto payments

Crypto.com teams up with UAE Emarat Energy company to offer crypto payments

Crypto.com exchange, a regulated crypto exchange operating out of Dubai UAE, has partnered with Emarat Energy Company to offer crypto payment options at select Emarat service stations. As per the LinkedIn post the expansion depends on regulatory approvals and customer demand.

Emarat runs more than 155 service stations across the UAE. The setup of crypto fuel stations signals a shift towards new payment methods. This aligns with industry moves toward contactless payments and better customer service. Emarat hopes to modernize its retail model and appeal to tech-savvy consumers. It also aims to boost its image among digitally aware customers.


The partnership will see Crypto.com integrated at an initial 10 service stations, with plans to progressively expand the integration across the Emarat service station network.

Additionally, through Project Landmark—the first project providing naming rights for fuel stations in the world by Emarat, Crypto.com and Emarat will unveil the Crypto.com Emarat Service Station at Emarat’s Al Ameen Station in Al Wasl Road, a signature service station branded by Crypto.com and supported by the Crypto.com integration.

“Further enabling the utility of cryptocurrency is central to our vision at Crypto.com,” said Mohammed al Hakim, President of Crypto.com UAE. “The UAE is a cryptocurrency market leader, and we are excited to partner with Emarat, the region’s leading petroleum brand and serving tens of thousands of customers every day, in bringing digital assets into its next era.”

Ali Bin Zayed Al Falasi, Chief Retail Officer & Senior Vice President – Marketing at Emarat, said, “At Emarat, we are constantly exploring new frontiers in innovation and customer experience. This partnership with Crypto.com introduces a new era of convenience and possibility for our customers, while strengthening our position as a future-focused brand. Together, we’re bridging the gap between energy retail and emerging financial ecosystems.”

Crypto.com users and Emarat customers will be able to enjoy additional benefits of the partnership, having exclusive offers and a mutual promotional program to uplift customers’ experience.

The UAE has been at the forefront of Blockchain and crypto, with many real estate developers offering crypto payments and most recently one of the biggest investments in the UAE, the $2 billion investment into Binance being carried out using a stablecoin.

Abu Dhabi ADI Blockchain to operate AED stablecoin for FAB Bank and ADQ

Abu Dhabi ADI Blockchain to operate AED stablecoin for FAB Bank and ADQ

The stablecoin race has started among the banking sector in the UAE, and the first AED stablecoin to be developed by an Abu Dhabi Blockchain is in the process. ADI Blockchain Foundation will be developing an AED stablecoin to be issued by First Abu Dhabi Bank, with the support of ADQ a sovereign investor and IHC an investor as well.

The trio intend to launch a UAE Central Bank regulated AED stablecoin that will be used for making payments not only in the UAE but also internationally. Moreover the stablecoin will also be used for Machine to machine payments in the IoT domain and AI one.

Abu Dhabi based ADI Blockchain will operate the stablecoin

The ADI Foundation a non-profit organization dedicated to helping governments connect with trusted partners to advance digital transformation and blockchain adoption worldwide, leverages its $120 million fund and a global network of partners to deliver blockchain solutions that enhance trust, transparency, and efficiency in key sectors such as healthcare, financial systems, sustainability, and governance.

The new stablecoin will operate on the ADI blockchain. Guillaume de La Tour, CEO of ADI Foundation, commented: “This stablecoin marks a pivotal milestone in the UAE’s journey toward a more inclusive and digitally empowered economy. By leveraging the ADI blockchain, we are enabling secure, transparent, and efficient transactions at scale — built on technology developed right here in the UAE. The ADI Foundation is proud to support this visionary initiative that aligns with our mission to advance sustainable digital transformation around the world.”‍

‍H.E. Mohamed Hassan Alsuwaidi, Managing Director and Group CEO of ADQ, said, “The launch of stablecoin marks a pivotal step in our commitment to strengthening the UAE’s digital infrastructure ecosystem. As we move forward towards an increasingly digital and connected economy, stablecoin will provide a solution that is secure, efficient and scalable, while creating new opportunities for growth and value creation.”‍

Syed Basar Shueb, CEO of IHC, added that IHC will bring their blockchain and fintech expertise. While Hana Al Rostamani, Group Chief Executive Officer of FAB, affirmed that the new stablecoin will make a significant impact across industries and revolutionize blockchain payments for UAE consumers and businesses.

This will not be the first regulated AED stablecoin issued by a banking entity. Mbank through its subsidiary AE Coin has already launched a regulated AED stablecoin.

Additionally in August 2024, Tether, announced in the UAE its plans to add a new Dirham backed stablecoin in collaboration with UAE’s Phoenix Group, a Web3 investor and Bitcoin mining conglomerate.

Binance payment service company BPay receives license in Bahrain

Binance payment service company BPay receives license in Bahrain

The Central Bank of Bahrain (CBB) has granted BPay Global B.S.C.(c) (BPay Global), a Binance Group payment services company, a Payment Service Provider (PSP) license to operate in the Kingdom of Bahrain. Binance customers will be able to top up and withdraw on an e-wallet fiat currency, as well as custody their fiat and crypto and make payments.

As per the press release, the PSP license will allow BPAY to offer fiat services to Binance customers globally, including fiat top ups and withdrawals, custody and other payment services. This will enable Binance customers to open an e-wallet and make fiat top ups on the Binance platform through bank transfers and debit/credit card payments. The license will also allow BPay Global to custody fiat on behalf of customers.

Commenting on this announcement, Mr. Abdulla Haji, Director of Licensing Directorate at CBB, said “We are pleased to announce the issuance of a license to a new payment service provider in Bahrain. This license represents a positive step in enhancing Bahrain’s digital payments ecosystem, particularly in its support for crypto-related sector as well as fiat payment solutions. The CBB remains committed to enabling a dynamic and progressive payment landscape that aligns with global advancements in financial technology.”

Mr. Tameem Almoosawi, General Manager of Binance Bahrain and BPay Global, commented: “We are glad to announce the launch of BPay Global and the first Payment Service Provider license received by a Binance company, allowing it to act as a payment service provider and e-wallet provider for users around the world. With this license, BPay Global will provide Binance users with further choice of low-cost fiat on- and off-ramps.”

Binance had previously received a license from the Central Bank of Bahrain back in 2023 and was able to offer crypto payments through Binance Pay.

Serenity and MTA to launch blockchain real estate investment portal in UAE

Serenity and MTA to launch blockchain real estate investment portal in UAE

Serenity, a blockchain technology company specializing in secure digital finance solutions, has partnered with MTA Real Estate to develop a secure, blockchain-powered real estate investment portal targeting allowing for crypto to property purchases.

As per the press release, the initiative arrives amid growing momentum for real estate tokenization in the UAE. With growing institutional interest and clear regulatory support for blockchain-based asset infrastructure, the Dubai Land Department expects the market value for tokenized real estate to exceed $16 billion by 2033.

The portal, to be rolled out in phases, will allow qualified crypto users to explore select Dubai real estate listings, complete biometric-based KYC, and execute regulated crypto-to-property purchases through smart contracts. Also crypto buyers who purchase properties using this portal will be eligible for exclusive discounts, which brings in a valid commercial value proposition.

Serenity and MTA’s expertise will bring to market a full-technology stack serving as a blockchain window into property sourcing, transaction facilitation, and compliance with local real-estate regulations. 

“This partnership allows us to extend blockchain’s utility into tangible ‘real-world services’,” said Robert Boris Mofrad, Co-founder and Chief Product Officer of Serenity. “Dubai is already setting the pace on real estate tokenization – our goal is to operationalize that vision with compliant infrastructure that bridges Web3 and real-world ownership.”

Venket Naga, CEO of Serenity commented, “This agreement brings our ‘real-world services’ vision closer to reality,” said Venket Naga, Co-Founder and CEO of Serenity. “It’s about turning blockchain infrastructure into sustained, revenue-generating use cases – not just for Serenity, but for the entire Web3 ecosystem engaging with real-world assets.”

The platform’s KYC layer, built on Serenity’s decentralized identity protocol, will be integrated with the company’s sAxess biometric card, the world’s first fingerprint-authenticated blockchain multi function cold wallet card. Payments will be conducted through licensed intermediaries or accepted directly by developers that support crypto transactions. Off-plan purchases will be protected under the Dubai Land Department’s escrow framework, ensuring milestone-based fund releases and buyer safeguards.

At MTA Real Estate, we specialize in unlocking high-growth opportunities in Dubai’s real estate market – one of the most secure and lucrative in the world,” said Mohamed Taher Ali, Founder & CEO of MTA Real Estate. “This collaboration empowers crypto investors to diversify their portfolios with stable, income-generating assets backed by full regulatory transparency. Our goal is simple: bridge the gap between digital wealth and real-world property ownership through innovation, speed, and trust.

Serenity’s roadmap for the portal includes smart contracts for automated rent distribution, on-chain storage of ownership records with survivability and inheritance mechanisms, and future integration of DeFi-based mortgage tools. 

Mesh launches crypto payment app on Shopify Store

Mesh launches crypto payment app on Shopify Store

Mesh, a global crypto payments network, has launched a crypto payments app on the Shopify App Store, enabling millions of Shopify merchants to seamlessly accept crypto payments and settle transactions in stablecoins like USDC, USDT, and PYUSD.

The company also partnered with UAE regulated CoinMENA, crypto broker in 2024 to make it easier to trade crypto assets, without the hassle of entering long crypto addresses, QR codes or seed phrases.

Mesh’s crypto payments app allows merchants to tap into the rapidly growing digital asset economy while eliminating volatility concerns. Whether customers pay using Bitcoin, Ethereum, or Solana, they can simply connect their exchange accounts or wallets to Shopify, while merchants receive stable assets.

“This milestone represents another step forward in our mission to enable frictionless, borderless commerce powered by digital assets,” said Bam Azizi, CEO and Co-Founder of Mesh. “With global stablecoin usage soaring and crypto payments becoming more mainstream, we’re making it easier than ever for merchants to participate in this growing economy.”

PawCo Foods, pioneers in premium, healthy dog nutrition, is among the company’s first launch partners. Their Shopify store is already offering crypto payments through Mesh, making it easier for pet parents to provide their pups with healthy, delicious meals.

“We’re excited to be among the first to integrate Mesh’s crypto payments solution,” said Dr. Mahsa Vazin, CEO and Founder of PawCo. “As innovators in pet nutrition, we’re always looking for ways to enhance our customers’ experience. Offering crypto payment options aligns with our forward-thinking approach and makes it easier for dog parents everywhere to access our products.”

Mesh’s direct integration with Shopify brings its patent-pending SmartFunding technology to millions of merchants worldwide through the new app. This ensures that while customers pay with any crypto they hold, merchants receive stable assets without volatility concerns. The result is a frictionless experience with no extra steps or manual conversions – just instant, secure, and efficient transactions.


Ripple to offer crypto payments in UAE after receiving license

Ripple to offer crypto payments in UAE after receiving license

Ripple, which offers enterprise blockchain and crypto solutions can now offer crypto payment services in the UAE after receiving its license from the Dubai Financial Services Authority (DFSA) in the Dubai International Financial Centre (DIFC). Ripple will be the first blockchain-enabled payments provider licensed by the DFSA.

This is the first license for Ripple in MENA allowing it to offer seamless compliant crypto payments in UAE to financial institutions who want to utilize digital assets.

“We are entering an unprecedented period of growth for the crypto industry, driven by greater regulatory clarity around the world and increasing institutional adoption,” said Brad Garlinghouse, Chief Executive Officer of Ripple. “Thanks to its early leadership in creating a supportive environment for tech and crypto innovation, the UAE is exceptionally well-placed to benefit.”

According to a 2024 business survey carried out by Ripple, 64% of Middle East and Africa (MEA) finance leaders see faster payments and settlement times as the biggest value proposition for incorporating blockchain-based currencies into their cross-border payments business.

His Excellency Arif Amiri, Chief Executive Officer of DIFC Authority commented, ”We are thrilled that Ripple is deepening their commitment to Dubai by securing a DFSA license that makes them the first blockchain-enabled payments provider in DIFC. This milestone not only highlights our commitment to fostering innovation, but also opens the door for Ripple to tap into new growth opportunities across the region and beyond. As the Middle East, Africa and South Asia’s leading global financial centre, DIFC is proud to support forward-thinking companies like Ripple as they shape the future of finance and accelerate the adoption of blockchain technology in the payments industry.”

Since establishing its Middle East headquarters in DIFC in 2020, Ripple has continued to deepen its presence in the region. With around 20% of its global customer base already operating in the Middle East, this latest regulatory approval positions Ripple to further accelerate growth and innovation in a high-potential market. The MEA region has one of highest levels of institutional readiness when it comes to crypto adoption, with over 82% of MEA finance leaders stating they are “very or extremely confident” when it comes to integrating blockchain solutions into their business.

Reece Merrick, Ripple’s Managing Director for Middle East and Africa. “Securing this DFSA license is a major milestone that will enable us to better serve the growing demand for faster, cheaper and more transparent cross-border transactions in one of the world’s largest cross-border payments hubs. We’re grateful for the support of our partners at DIFC, and we’re ready to hit the ground running with a growing local team and strong customer pipeline.”

Ripple’s DFSA license adds to its growing list of over 60 regulatory approvals worldwide.

Prior to this license Ripple had partnered with the DIFC Innovation Hub to accelerate blockchain and digital assets innovation in the UAE, while in 2023 its token XRP was one of two new crypto tokens to join Bitcoin (BTC), Ethereum, and Litecoin as recognized crypto tokens by the Dubai Financial Services Authority (DFSA).

Aquanow and Hubpay partner for crypto convergence payments in UAE

Aquanow and Hubpay partner for crypto convergence payments in UAE

Hubpay, a UAE cross-border payments platform, has partnered with UAE regulated Aquanow, a global digital asset infrastructure provider, to introduce the UAE’s first fully regulated crypto payments facility tailored for businesses and SMEs. This collaboration will allow businesses across various sectors – including real estate, manufacturing, and general trading to accept cryptocurrency payments securely and seamlessly alongside traditional fiat transactions.

Aquanow ME regulated by Dubai’s Virtual Asset Regulatory Authority (“VARA”), and Hubpay also regulated by the Financial Service Regulatory Authority (“FSRA”), in the Abu Dhabi Global Market (“ADGM”) will lpartner Hubpay’s platform powered by Aquanow can offer regulated crypto payments for UAE businesses globally.

By integrating Aquanow’s digital asset infrastructure with Hubpay’s regulated payment network, both local and global users can seamlessly transact in cryptocurrencies within a familiar payments environment.

Speaking to Lara on the Block, spokesperson for HubPay explained, ” Crypto can be exchanged to fiat via Over the counter crypto exchanges or migrated to respective crypto wallets and transferred into USDT or fiat. This integration adds crypto as a payment mode, like credit card, debit card under VARA stipulated regulations via tradfi payment interface.”

Speaking on the partnership, Kevin Kilty, CEO and Founder of Hubpay stated “We are thrilled to partner with Aquanow to launch the UAE’s first fully regulated crypto payment gateway for businesses. Stablecoins are a game-changer, combining the security of traditional currencies with the speed of digital assets. By integrating Aquanow’s infrastructure with our regulated network, we’re empowering businesses to transact seamlessly in both fiat and crypto—advancing the UAE’s agenda to drive economic diversification, foster fintech innovation, and position itself as a global hub for digital assets.”

“We’re excited to collaborate with Hubpay to bring real-world utility to digital assets in the MENA region,” said Phil Sham, CEO of Aquanow. “Cryptocurrency is no longer just an investment tool. It’s a practical, efficient means of conducting high-value transactions. By integrating our technology with Hubpay’s regulated payments framework, we are removing friction from large-scale transactions for buyers, sellers, and investors alike.”

Both partners believe that real estate and SME sector will benefit the most from this partnership.

Arab Financial Services and Ternoa also to offer crypto payments in UAE

The Aquanow Hubpay announcement comes days after Arab Financial Services (AFS), regulated by the Central Bank of Bahrain and Egypt, also holding a retail payment license in the UAE partnered with Ternoa Blockchain to launch stablecoin and crypto payments across POS ( Point of Service) counters for UAE merchants.

AFS to offer stablecoin payment platform for merchants in UAE

AFS to offer stablecoin payment platform for merchants in UAE

Arab Financial Services (AFS), regulated by the Central Bank of Bahrain and Egypt, also holding a retail payment license in the UAE has partnered with Ternoa Blockchain to launch stablecoin and crypto payments across POS ( Point of Service) counters for UAE merchants. The partnership will expand across the GCC.

Ternoa, is a fast, secure & cost-efficient PayFi network that is designed to onboard billions of retail customers into crypto. Ternoa as per the announcement will use decentralized consumer finance protocol, Athar, a secure and cost-efficient PayFi network to onboard UAE merchants into the crypto and stablecoin era. Athar will enable stablecoin payments at Point-of-Sales (PoS) terminals.

AFS is owned by a total of 37 banks and financial institutions and services over 60 banks in more than 20 countries across the Middle East and African region.

The Athar protocol will make crypto payments easier and more accessible for every day transactions with AFS deploying the Athar solution for merchants in UAE.

Samer Soliman, AFS CEO noted that AFS is committed to driving innovation in the payments industry and expanding access to seamless, secure, and future-ready solutions.

He stated, “By integrating stablecoins and decentralized finance, we are unlocking new possibilities for merchants and consumers across the UAE, paving the way for the broader adoption of digital payments in the region.”

Ternoa CEO, Mr. Mickael Canu added, “The next big step for blockchain and digital finance is making it useful in everyday life. The payments and financial services industries are massive and bringing them onto Ethereum will open up exciting new possibilities. Our partnership using Athar with AFS will make digital payments faster, more secure, and accessible.”

AFS received UAE Retail Payment Service License in 2024

AFS recently made a strategic expansion into the United Arab Emirates (UAE). The move followed the successful acquisition of a Retail Payment Services License – Category II from the Central Bank of the UAE by Arab Financial Services L.L.C, allowing AFS to introduce a comprehensive suite of innovative and secure payment solutions tailored to the country’s dynamic financial landscape.

At the time Soliman noted that the license was a pivotal juncture in their regional expansion strategy. He noted that they were excited to launch innovative payment solutions in the country.

“Expanding into the UAE is a tremendous opportunity for us to bring our market-leading payment and fintech capabilities to a country that values innovation and security in digital financial services,” said Rizwan Khan, Managing Director for AFS UAE and Oman. “We are delighted to partner with local businesses and regulatory bodies to help nurture an inclusive digital ecosystem that meets the fast-evolving needs of the UAE and contribute to strengthening the country’s standing as a global fintech hub.”

UAE Central Bank passed stablecoin payments regulations

The UAE Central Bank in 2024 passed its stablecoin payment regulations that allowed regulated AED-backed stablecoins to be used inside the country for the purchase of products and services.