{"id":13958,"date":"2025-02-19T16:47:22","date_gmt":"2025-02-19T16:47:22","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=13958"},"modified":"2025-02-19T16:47:22","modified_gmt":"2025-02-19T16:47:22","slug":"you-will-be-able-to-do-more-with-cryptocurrency-than-with-dirham-and-dollar-says-crypto-com-uae-head","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=13958","title":{"rendered":"\u201cYou will be able to do more with cryptocurrency than with Dirham and Dollar,\u201d Says Crypto.com UAE Head"},"content":{"rendered":"<div>\n<p>Mohammed Al-Hakim, the newly appointed President of Crypto.com\u00a0UAE predicts that with the rise in crypto adoption in the region, digital assets might surpass traditional currencies in daily use cases.<\/p>\n<p>In an interview with a local <a href=\"https:\/\/tribune.com.pk\/story\/2529551\/cryptocoms-new-uae-president-says-crypto-will-surpass-dirham-dollar-within-two-years\" target=\"_blank\" rel=\"nofollow\">media<\/a> outlet on 19 February 2025, Hakim said, \u201cIn the next two years in the UAE, you will be able to do more with cryptocurrency than with the dirham and dollar.\u201d<\/p>\n<p>Hakim\u2019s appointment as President of Crypto.com in the UAE makes him the first GCC and an Emirati national to assume a senior role in a global crypto exchange. Hakim\u2019s appointment is expected to help Crypto.com better navigate its expansion in the Gulf region.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Mohammed Al Hakim, President GCC, <a href=\"https:\/\/t.co\/oCPEjWvtyD\" target=\"_blank\" rel=\"nofollow\">https:\/\/t.co\/oCPEjWvtyD<\/a>:<\/p>\n<p>&#8220;The next 2 years in UAE, you will be able to do more with cryptocurrency as a day to day, than you will be able to do with Dirhams or Dollars&#8221;<\/p>\n<p>He shared this after discussing the region\u2019s rapid crypto adoption. With\u2026 <a href=\"https:\/\/t.co\/Q6IBCgXqSc\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/Q6IBCgXqSc<\/a><\/p>\n<p>\u2014 Ralleroedvin (@Ralleroedvin) <a href=\"https:\/\/twitter.com\/Ralleroedvin\/status\/1886821738882982245?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">February 4, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Importantly, this development comes at a crucial time. Gulf nations are currently pivoting and accelerating their adoption of blockchain technology and other digital assets.<\/p>\n<p>Furthermore, the UAE and Saudi Arabia in the GCC region have led crypto adoption in the region with an increased investment in cryptocurrencies, blockchain technologies and projects along with developing a robust regulatory framework that has facilitated the integration of digital assets into mainstream financial systems.<\/p>\n<p>meanwhile, Crypto.com aims to expand access to its crypto payments, decentralized finance (DeFi) solutions and blockchain-based financial services in the region.<\/p>\n<p><strong>Explore<\/strong>:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/saudi-arabias-100-billion-ai-vision-can-it-outshine-uae-tech-hub\/\" rel=\"\">Saudi Arabia\u2019s $100 Billion AI Vision: Can It Outshine UAE Tech Hub?<\/a><\/p>\n<h2><strong>ACET and Saif Belhasa Holding Forge Blockchain Partnership in the UAE<\/strong><\/h2>\n<p>Further enhancing UAE\u2019s position as a hub for digital assets blockchain technology, ACET, a global blockchain-driven digital asset has entered into a Memorandum of Understanding (MOU) with Saif Belhasa Holding Forge (SBH), a prominent business house in the Middle East.<\/p>\n<p>Commenting on the partnership, Saif Ahmad Belhasa, Chairman of SBH said, \u201cACET (ACT) will be officially integrated into our financial ecosystem, making crypto a mainstream financial tool in the UAE and beyond.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Crypto adoption is happening NOW.<\/p>\n<p>ACET (ACT) is powering real estate, luxury, &amp; retail in the UAE.<br \/>$5B of institutional backing\u2014<\/p>\n<p>AND WE JUST GETTING STARTED!<\/p>\n<p>100x isn\u2019t a dream. <br \/>It\u2019s inevitable. <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f680.png\" alt=\"\ud83d\ude80\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p>Buy NOW <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f447.png\" alt=\"\ud83d\udc47\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f447.png\" alt=\"\ud83d\udc47\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f447.png\" alt=\"\ud83d\udc47\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p>CA: 0x9f3bcbe48e8b754f331dfc694a894e8e686ac31d<a href=\"https:\/\/twitter.com\/hashtag\/ACT100X?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#ACT100X<\/a>\u2026 <a href=\"https:\/\/t.co\/YMwxhHcts1\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/YMwxhHcts1<\/a><\/p>\n<p>\u2014 Nu Brave (@NuBraveIN) <a href=\"https:\/\/twitter.com\/NuBraveIN\/status\/1892185307669508588?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">February 19, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The partnership aims to enhance the regional economy. Together they highlighted a three-year roadmap focusing on real estate, automotive, retail and hospitality and financial services.<\/p>\n<p>The ACET integration in SBH\u2019s financial system will automate transactions, asset transfers, and enhance AI business solutions. The partnership is now aiming for Dubai Virtual Asset Regulatory Authority (VARA) and Abu Dhabi Global Market (ADGM) certification.<\/p>\n<p><strong>Explore<\/strong>:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/tether-cashes-in-on-uaes-real-estate-boom-allows-for-payment-in-usdt\/\" rel=\"\">Tether Cashes In On UAE\u2019s Real Estate Boom, Allows For Payment In USDT<\/a><\/p>\n<h2><strong>DU Incorporates Cryptocurrency In Payment Options <\/strong><\/h2>\n<p>Meanwhile, UAE-based telecommunications giant DU\u2019s decision to expand its payment methods to include cryptocurrencies reflects the growing acceptance of digital currencies in the region.<\/p>\n<p>Payment options through crypto will be added to Du\u2019s recently launched financial technology platform.<\/p>\n<p>Nicholas Levi, CEO at DuPay stated, \u201cCryptocurrencies are being used as an investment. Will we have an investment product one day potentially? I\u2019m not saying no to that. Will we use crypto for our own transactions? There are some plans with the [UAE] central bank to work on that.\u201d<\/p>\n<p>Du\u2019s customers can now settle their bills using cryptocurrencies in addition to the already existing fintech solutions such as Apple Pay and Samsung Pay. This development is in line with Du\u2019s intention to embrace emerging financial technologies and payment solutions.<\/p>\n<p>The company has previously expressed openness towards integrating cryptocurrencies in their fintech services. Du\u2019s acceptance of cryptocurrencies is in sync with Dubai\u2019s broader goal to be a <a href=\"https:\/\/99bitcoins.com\/news\/blockchain-powered-crypto-tower-to-grace-dubais-skyline-can-dubai-become-first-fully-blockchain-powered-city\/\">blockchain-powered<\/a> city.<\/p>\n<p><strong>Explore<\/strong>:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/shiba-inu-and-uae-shake-hands-on-web3-projects-to-be-implemented-across-uaes-public-sector\/\" rel=\"\">Shiba Inu And UAE Shake Hands On Web3 Projects To Be Implemented Across UAE\u2019s Public Sector<\/a><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h3>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Crypto.com UAE President predicts cryptocurrencies will surpass the dirham and dollar in UAE transactions within two years.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        UAE telecom giant Du now accepts cryptocurrency for bill payments, signalling growing digital currency integration.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        ACET and Saif Belhasa Holding partner to implement blockchain in real estate, automotive, and retail sectors.    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/you-will-be-able-to-do-more-with-cryptocurrency-than-with-dirham-and-dollar-says-crypto-com-uae-head\/\">\u201cYou will be able to do more with cryptocurrency than with Dirham and Dollar,\u201d Says Crypto.com UAE Head<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mohammed Al-Hakim, the newly appointed President of Crypto.com\u00a0UAE predicts that with the rise in crypto adoption in the region, digital assets might surpass traditional currencies in daily use cases. In an interview with a local media outlet on 19 February 2025, Hakim said, \u201cIn the next two years in the UAE, you will be able [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-13958","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13958","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13958"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13958\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}