UAE yacht and shipyard company now accepting crypto payments
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Adoption of Crypto Payments in UAE: Various sectors in the UAE, including Gulf Craft, a luxury yacht builder, are increasingly adopting cryptocurrency payments, with Gulf Craft partnering with ARP Pay to facilitate transactions using stablecoins for yacht purchases and services.
Government Entities Accepting Crypto: The Abu Dhabi Judicial Department has become the first governmental entity in the Middle East to accept an AED stablecoin for legal service fees, following similar initiatives by Dubai's Department of Finance to allow crypto payments for government fees.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
