Dubai Customs and Binance collaborate to advance crypto payment applications.

Odaily Planet Daily reports that Dubai Customs and Binance have signed a cooperation agreement to introduce crypto asset payment capabilities into commercial and logistics transactions. The agreement was signed during Binance Week 2025 by Dr. Abdulla Busenad, Director General of Dubai Customs, and Stephanie Emile, General Manager of Binance FZE. Binance will assist in improving trade efficiency and accelerating investment flows through payment solutions including Binance Pay.

The agreement stipulates that digital assets will be integrated into local business and logistics systems to support innovative blockchain-based financial infrastructure, further reducing transaction times and costs. The collaboration will also help optimize import-export processes, improve customs clearance efficiency, and provide SMEs with more modern payment methods to expand their businesses and access global markets.

Dubai Customs had previously launched a blockchain platform in 2024 to accelerate customs clearance and commercial processing, and to enable trusted supply chain data sharing. In 2023, its blockchain-based intellectual property management system also received an intellectual property certificate from the UAE Ministry of Economy.

Sultan Ahmed bin Sulayem, Chairman of DP World Group, stated that through such collaborations, Dubai is building an advanced economic model that meets the demands of the digital economy, further enhancing its status as a trade and logistics hub. Busenad pointed out that the partnership will accelerate customs digitization, making processes smarter and opening a new chapter for the integration of crypto payments.

Binance CEO Richard Teng stated that the two companies will jointly launch innovative solutions to make a real impact in the customs sector and further promote the development of Dubai's digital ecosystem and related infrastructure. (cryptopolitan)