Hubpay has partnered with Aquanow to introduce the UAE’s first fully regulated crypto payments solution. This service allows businesses across a number of sectors to accept cryptocurrency payments securely alongside traditional transactions.
By combining Aquanow’s digital asset infrastructure with Hubpay’s regulated payment network, businesses can now offer crypto payment options to local and international clients. The partnership leverages both companies’ regulatory approvals to offer businesses across the UAE a secure and compliant platform for processing crypto payments.
The collaboration comes at a key moment as the UAE continues to solidify its position as a global fintech and digital assets hub. The country has seen a 42% year-on-year increase in cryptocurrency transactions, highlighting the growing demand for crypto-related services.
This move is expected to enhance the UAE’s digital economy, providing businesses with new opportunities to integrate cryptocurrency into their operations securely and efficiently.
Gulf Economist Staff Writer