The state of crypto adoption in Dubai — Groceries to luxury properties
The city of Dubai has been very welcoming to the crypto space, providing much-needed regulatory clarity to help the industry thrive. While this attracts native Web3 and crypto businesses to the emirate, even non-crypto businesses started integrating technologies into their operations, like cryptocurrencies, nonfungible tokens (NFTs), and even the metaverse.
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Cointelegraph explored parts of Dubai to find out how crypto and Web3 technologies have been integrated within some businesses in the emirate.
Ordering groceries with cryptocurrencies
Day to Day, one of Dubai’s most popular and affordable grocery chains, announced that it started accepting crypto payments last year. On Aug. 8, the local media outlet, Khaleej Times, reported that the hypermarket has started to accept crypto payments in their online store and several branches throughout Dubai.
Cointelegraph recently visited the Al Quoz branch and tried to use crypto to buy groceries. However, despite the advertisements of accepting crypto displayed all over the store, the staff said in-store crypto purchases are unavailable and directed Cointelegraph to use the online store instead.
