Corporations invested more than $6 billion in crypto industry in the last 10 months DeFi-platform Velodrome accuses crypto sleuth of stealing $350k S&P Global dropped Coinbase rating to a speculative level BitGo will seek $100 million for Galaxy Digital refusal to acquire crypto platform Brazilian crypto exchange blocked customer accounts and fired staff Celsius Network’s debts is more his assets for $2,8 billion Monero underwent a successful hard fork First acquisition agreement crypto project for $1,2 billion terminated due financial statements OpenSea allowed reselling stolen NFTs

Emirates Airline wants to sell tickets for Bitcoin and NFT

Emirates Airline wants to sell tickets for Bitcoin and NFT

One of the world's largest airlines considers accepting bitcoin as a payment option.

As ArabNews reports, Chief Operating Officer Adel Ahmed Al-Redha says Emirates Airline is also planning to add trading of non-fungible tokens (NFTs) directly on the airline's website. They also want to expand their staff to speed up the entry into the metaverse market:

“With the metaverse, you will be able to transform your whole processes — whether it is in operation, training, sales on the website, or complete experience — into a metaverse type application, but more importantly making it interactive,” he said.

However, Adel Ahmed Al-Redha didn't specify when the company may add support for such updates.

It is worth noting that Dubai has been actively trying to lure cryptocurrency and blockchain market specialists since the beginning of the year. For example, in April, the media revealed that cryptocurrency companies started massively opening offices in Dubai amid stricter requirements in other jurisdictions.

Still, British and U.S. lawyers and former regulators commented to the Financial Times that a crypto-business license issued in the UAE is likely to have little effect on the stance of Western regulators, who demand more surveillance of the crypto business. The point is that the Financial Action Task Force on Money Laundering (FATF) had previously included the UAE in a "gray list" of enhanced monitoring regions to prevent the flow of dirty money.

Subscribe to our Telegram channel for the most relevant, interesting, and informative news from the crypto industry.

Is there an error in the article?
To report