Abu Dhabi introduces digital currency payments for court fees
This comes under a strategic partnership agreement signed with local financial institution Al Maryah Bank.
With this partnership now in effect, users can pay for a wide range of judicial services using AE Coin — a stablecoin regulated by the UAE Central Bank — via the AEC Wallet. This solution offers a secure, fully digital, and rapid alternative to traditional payment methods.
The implementation of AE Coin in judicial payments sets a regional precedent for integrating digital currencies into government services.
Counsellor Yousef Saeed Al Abri, Undersecretary of the Abu Dhabi Judicial Department, stated that the agreement forms part of the department's broader development strategy.
Mohammed Wassim Khayata, CEO of Al Maryah Bank, said 'It's not merely a technological step; it's about delivering advanced, secure financial experiences that reflect the UAE's values and future vision.'
Ramez Rafiq, General Manager of IED Stablecoin — the firm behind AE Coin — said, 'AE Coin was developed to be a secure, efficient, and regulatory-compliant digital payment solution tailored for the UAE. Its adoption by such a prominent government entity marks a pivotal moment for us and the region's evolving digital finance landscape'.
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