Dubai Customs partners with Binance to promote crypto payment applications

According to Foresight News, Dubai Customs and Binance have reached a cooperation agreement to jointly expand digital payment capabilities by integrating crypto assets into commercial logistics transactions. The cooperation was signed by Dr. Abdulla Busenad, Director-General of Dubai Customs, and Stephanie Emile, General Manager of Binance FZE. Binance will help improve trade efficiency and accelerate investment flows through payment solutions including Binance Pay.

The agreement shows that digital assets will be integrated into the local business and logistics system to support innovative financial infrastructure based on blockchain, further shortening transaction times and reducing costs. The cooperation will also help optimize the import-export process, improve customs clearance efficiency, and provide more modern payment methods for small and medium-sized enterprises to expand their business and enter the global market.

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