Dubai Customs and Binance Partner to Advance Blockchain-Powered Customs and Digital Payment Solutions

• Dubai Customs signed a strategic MoU with Binance to advance blockchain-driven customs services and digital payments.
• The partnership aims to integrate crypto-assets into commercial and logistical transactions, enhancing Dubai’s digital payment ecosystem.
• The collaboration supports Dubai’s vision of government innovation, digital transformation, and global leadership in advanced technologies.
• The initiative will streamline customs procedures, improve trade efficiency, and attract new investors, especially SMEs.
• The agreement aligns with Dubai’s D33 Economic Agenda, reinforcing its status as a global trade and fintech hub.

Source: zawya.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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