PANews reported on May 13 that according to Finance Magnates, the Dubai government has signed a cooperation agreement with the crypto platform Crypto.com, which will allow residents and businesses to use cryptocurrencies to pay for government services. The plan relies on Crypto.com's technical facilities to achieve instant conversion of digital assets into dirhams and transfer them to government accounts. Amna Mohammed Lootah, director of the Dubai Digital Payment System Regulatory Authority, said the goal is to make more than 90% of public and private transactions cashless by 2026. This move is an important part of Dubai's economic agenda D33 plan, which aims to consolidate its position as a global financial innovation center.