• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Play Games
  • BET&WIN
  • Bitcoin Casino Reviews
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Play Games
  • BET&WIN
  • Bitcoin Casino Reviews
Bitcoinist.com
No Result
View All Result
Crypto
Nexo

This Dubai Hotel Accepts Crypto Payments, Here’s What We Know

anushsamal by anushsamal
2 months ago
in Crypto News
0
Advertisement

Dubai hotel, The Manor Hotel by JA is now accepting crypto payments. After their partnership with Binance, now guests can use Binance coin (BNB), Bitcoin (BTC) or Ethereum (ETH) to pay for the hotel fare. The hotel has joined the payment gateway which is managed by Binance to facilitate these asset payments.

This crypto payment gateway that Binance has created will be accessible through the hotel’s website. The official website of the hotel states that it ‘adheres to strict security measures for protecting customers’ and business owners’ rights equally’.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

Mohammed Hanif Al Qassim, the managing partner of the Manor Hotel stated,

Virtual assets go in line with The Manor’s vision for sustainability and digital transformation, considering its position among top eco-friendly boutique hotels in Dubai

This move by The Manor Hotel signifies that these digital assets are now being quickly integrated with different sectors and also with the global economy collectively.

Binance Has Been Actively Working Towards Increasing The Adoption Of Crypto

Dubai especially has been engaging to establish local businesses that adopts the digital asset for the users in order to empower the crypto community.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

Apart from ensuring that these payments comply with security measures and the protection of consumers along with safeguarding business owner’s rights, Binance has been working hard to secure a foothold in the Middle Eastern region.

Richard Teng, The Regional Head of Binance in the Middle East and North Africa (MENA), quoted,

What is the best crypto casino in July 2022? Read our comprehensive comparison! We made deposits, played and reviewed 80+ crypto casinos to choose the best one.

Binance has been actively engaging established local businesses and institutions to further increase the adoption of crypto for our users and enable the community as a whole. Our partnership with leading, innovative businesses, such as JA are in line with our vision to enhance crypto adoption across the  region.

Many other Dubai food and beverages service operators have started integrating crypto payments over the past few months.

As the regulatory framework starts to provide more clarity, there remains a high possibility that many other service operators might join the crypto bandwagon.

Suggested Reading | Singapore Restaurants Accepting Crypto Payments Amid Legislative Resistance

Increasing Acceptance Of Cryptocurrencies In The Recent Times

More businesses in the service sector especially have been opting for payments through cryptocurrency. Luxury and supercar distributor, EuroSports Global has started to accept the digital asset for goods.

EuroSports Global stated that customers will be allowed to pay for Lamborghini and Alfa Romeo car with the digital currency. This luxury car distributor has chosen to collaborate with FomoPay to enable these digital asset payments. The accepted coins are Bitcoin, Ethereum, USD Coin (USDC) and Tether (USDT).

Apart from these companies, the AMC theatre chain has recently tied up with BitPay which allows customers to purchase tickets using Dogecoin. Previously, AMC theatres accepted Bitcoin and Ethereum payments through Paypal.

Certain hotels reportedly are planning to accept non-fungible tokens (NFTs) as they want to avoid holding onto unnecessary inventory in case the hotel guest decided to cancel their booking near their booking date.

Suggested Reading | Telegram Rolls Out Crypto Payment Via Chat

Crypto
Bitcoin was trading at $31,000 on the one day chart | Source: BTCUSD on TradingView
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
anushsamal

anushsamal

Related Posts

Another One Bites The Dust: German Crypto Bank Nuri Files For Insolvenzrecht

Another One Bites The Dust: German Crypto Bank Nuri Files For Insolvenzrecht

3 hours ago
Crypto Coinbase SEC

SEC/CFTC May Require Hedge Funds To Provide More Information On Crypto Exposure

6 hours ago
Crypto

In Crypto Law Overhaul, Thai Central To Receive More Powers

23 hours ago
bear market Tornado Cash

Why The Sanction On Tornado Cash Is A Bear Signal For The Crypto Market

1 day ago
Tornado Cash Ethereum ETH ETHUSDT

How Infura and Circle Cut Off Tornado Cash Following U.S. Sanctions

1 day ago
Crypto

Crypto Markets Have ‘Hit The Floor,’ JP Morgan Says, As Bitcoin Nears $24,000

1 day ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2022 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Play Games
  • BET&WIN
  • Bitcoin Casino Reviews

© 2021 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.