Dubai charity to accept donations in cryptocurrency
The crypto scene is rapidly expanding in the United Arab Emirates.
The Al Jalila Foundation announced today it will start accepting donations in cryptocurrencies. The Dubai-based medical charity is the first charitable organization in the United Arab Emirates to accept donations in crypto, the Dubai Media Office said in a press release, explaining that the foundation has also partnered with an unspecified “leading cryptocurrency platform.”
Why it matters: The cryptocurrency scene in the UAE is growing. The Dubai-based airlines Emirates will also reportedly start accepting payments in cryptocurrencies. The Emirati grocery delivery platform YallaMarket likewise began accepting crypto payments last month.
