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The Abu Dhabi Judicial Department has added a major milestone to its cap! The entity has become the first in the Middle East to accept cryptocurrency payments for court-related payments.
AE Coin is backed by the UAE Central Bank and pegged to the dirham, ensuring secure and stable transactions.
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The initiative sets the stage for a new era in digital government payments across the Emirates. Dr. Yousef Saeed Al Abri, Undersecretary of the Abu Dhabi Judicial Department, shared that the system supports the organisation’s digital transformation efforts. He added that the strategy aims to make legal procedures more accessible and align with the national objectives of fintech. This move is part of a larger trend in the UAE, where digital payments are becoming increasingly integrated into various public services.
In June this year, Integrated Transport Center introduced using AE Coin for public transport fares. Following suit, Air Arabia also recently introduced it as an option for booking flights.
AE Coin, developed from AED Stablecoin, is a local currency issued for safe and compliant use within the UAE.
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Minimum custom amount to enter is AED 2
By donating, you agree to the Privacy Policy and Terms of Service