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UAE Moments
21-07-2025
- Business
- UAE Moments
Abu Dhabi Now Accepts Digital Currency for Court Fee Payments
Abu Dhabi has officially embraced digital currency for court fee payments, making it the first government department in the Middle East to do so. The Abu Dhabi Judicial Department (ADJD) has partnered with Al Maryah Bank to allow residents to pay legal and judicial service fees using AE Coin, a UAE-regulated stablecoin. The move is part of a broader digital transformation strategy, aiming to streamline financial transactions and offer residents a secure, instant, and fully digital alternative to traditional payment methods. Payments will be processed through the AEC Wallet, giving users a fast and future-focused way to handle court-related expenses. Counsellor Yousef Saeed Al Abri, Undersecretary of ADJD, said the initiative falls in line with the department's wider development strategy, aimed at enhancing access and efficiency in legal services. Mohammed Wassim Khayata, CEO of Al Maryah Bank, emphasized the broader significance: '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 company behind AE Coin—also praised the development. 'AE Coin was developed to be a secure, efficient, and regulatory-compliant digital payment solution tailored for the UAE,' he said. 'Its adoption by such a prominent government entity marks a pivotal moment for us and the region's evolving digital finance landscape.' This move sets a regional benchmark for how blockchain and stablecoin payments can be successfully integrated into government operations—starting with the courtroom.
Khaleej Times
21-07-2025
- Business
- Khaleej Times
Abu Dhabi introduces digital currency payments for court fees
Abu Dhabi residents can now pay court-related fees in digital currency as the Abu Dhabi Judicial Department (ADJD) becomes the first government entity in the Middle East to officially accept the AE Coin for judicial and legal service 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'.
