"Now You Can Pay for Gasoline with Coins"...UAE State Oil Company Partners with Crypto.com
JOON HYOUNG LEE
Summary
- UAE's state-owned oil company Emarat announced that it has enabled gasoline payments with virtual assets through a partnership with Crypto.com.
- Emarat plans to offer virtual asset payment services at gas stations, marking the first attempt in the Middle East and North Africa region.
- This partnership is expected to contribute to the expansion of real-world use cases for virtual assets.
In the United Arab Emirates (UAE), it has become possible to pay for gasoline with virtual assets.
Emarat announced on its official X account on the 8th that it has entered into a strategic partnership with Crypto.com to activate virtual asset payment services. Emarat is a UAE state-owned oil company.
Emarat plans to provide virtual asset payment services at its gas stations using Crypto.com's technology. Emarat stated, "This is the first attempt in the Middle East and North Africa region."
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
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