Dubai Charities Can Now Receive Crypto Donations

■ The Islamic Affairs and Charitable Activities Department (IACAD) has launched a service allowing approved Dubai charities to accept donations in cryptocurrencies and virtual assets.

■ The platform operates under clear regulatory and compliance guidelines, ensuring transparency, donor protection, and accountability.

■ Only authorized charitable organizations can use the service, which is supported by awareness workshops to help charities navigate technical and procedural requirements.

Modernizing Charity with Digital Assets

■ This initiative aligns with Dubai’s broader digital transformation strategy, helping charities adopt new financial technologies and cater to donors who prefer modern payment methods.

■ Dubai’s crypto-savvy population is growing: 66% of adults show interest in digital assets, and 11.4% already hold or invest in crypto, making digital donations a natural fit.

Building on Dubai’s Crypto Ecosystem

■ The move follows Dubai’s integration of crypto in public services, including partnerships like the Crypto.com agreement enabling payments for select government services.

■ By accepting digital assets, Dubai charities can increase donation efficiency, reach new donor segments, and stay ahead in global fintech trends.