fbpx
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
Wednesday, May 31, 2023
Online Crypto College
CREATE FREE ACCOUNT
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • DipSnyper Bot
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • DipSnyper Bot
No Result
View All Result
Online Crypto College
No Result
View All Result

Dubai’s Retail Giant Majid Al Futtaim Accepts Crypto at 29 Shopping Malls and 13 Hotels in Partnership With Binance – Featured Bitcoin News

June 6, 2022
in Bitcoin
Reading Time: 3 mins read
A A
Dubai’s Retail Giant Majid Al Futtaim Accepts Crypto at 29 Shopping Malls and 13 Hotels in Partnership With Binance – Featured Bitcoin News
ShareShareShareShareShare

Related articles

Bitcoin Wealth Is Transferring From Old To New Hands, Why This Is Positive

Bitcoin Wealth Is Transferring From Old To New Hands, Why This Is Positive

May 31, 2023
Did The New York Times Publish Manipulated Footage Of A Bitcoin Mine?

Did The New York Times Publish Manipulated Footage Of A Bitcoin Mine?

May 31, 2023

Leading shopping mall operator Majid Al Futtaim has partnered with Binance to accept cryptocurrencies at its malls and other properties. “Majid Al Futtaim is one of the most prestigious businesses in the Middle East and has millions of customers every year,” said the CEO of Binance.

Majid Al Futtaim Dives Into Crytpo With Binance

Majid Al Futtaim, a leading operator of shopping malls, hotels, cinemas, hypermarkets, and retail stores in the Middle East, Africa, and Asia, announced its strategic partnership with global crypto exchange Binance last week. The two companies will cooperate on a number of crypto and blockchain projects.

Firstly, Binance Pay will be integrated to allow millions of customers to pay with cryptocurrencies “at Majid Al Futtaim’s various destinations in line with appropriate laws and regulations,” the announcement notes. Binance Pay currently supports more than 40 cryptocurrencies, according to Binance’s website.

Changpeng Zhao (CZ), CEO and co-founder of Binance, tweeted last week:

29 shopping malls, 13 hotels, and four mixed-use communities now accepts crypto through Binance Pay. Adoption continues.

According to the company’s investor presentation published in February, Majid Al Futtaim operates in 17 countries.

The group’s properties include 29 shopping malls in five countries across the Middle East and North Africa, including Mall of the Emirates, Mall of Egypt, Mall of Oman, and Mall of Saudi. In 2021, its malls had 175 million visitors.

The company also operates 423 Carrefour stores in 16 countries across the Middle East and has exclusive franchise rights in over 30 countries across the Middle East, North Africa, and the Commonwealth of Independent States (CIS) regions.

Furthermore, the group also operates 13 hotels (11 in the UAE and two in Bahrain) and 607 cinema screens.

“Majid Al Futtaim is one of the most prestigious businesses in the Middle East and has millions of customers every year,” Zhao continued. “Integrating Web3 technologies will give its customers access to innovative new ways to engage with its brands and provide new ways to pay.”

Other projects the two companies will collaborate on include listing non-fungible tokens (NFTs) on Binance’s marketplace and creating a digital wallet infrastructure to hold cryptocurrencies from multiple platforms.

What do you think about the partnership between Binance and Majid Al Futtaim? Let us know in the comments section below.

Kevin Helms

A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

More Popular News

In Case You Missed It


Credit: Source link

ShareTweetSendPinShare
Previous Post

Luna governance in disarray as Do Kwon jokes about Terra ecosystem

Next Post

Trade Finance Platform We.Trade on the Brink of Liquidation, Report says

Related Posts

Bitcoin Wealth Is Transferring From Old To New Hands, Why This Is Positive

Bitcoin Wealth Is Transferring From Old To New Hands, Why This Is Positive

May 31, 2023

On-chain data shows Bitcoin is slowly moving from the old holders to new investors, a sign that could be positive...

Did The New York Times Publish Manipulated Footage Of A Bitcoin Mine?

Did The New York Times Publish Manipulated Footage Of A Bitcoin Mine?

May 31, 2023

This is an opinion editorial by Level39, a researcher focused on Bitcoin, technology, history, ethics and energy.Did The New York...

Trading volumes on CEXs and DEXs surge amid market downtrend

Trading volumes on CEXs and DEXs surge amid market downtrend

May 31, 2023

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Centralized exchanges (CEXs) and decentralized exchanges...

China’s Crypto Innovator Cautions Hong Kong On Digital Assets

China’s Crypto Innovator Cautions Hong Kong On Digital Assets

May 31, 2023

Crypto enthusiasts received a sobering wake-up call when esteemed entrepreneur Bobby Lee issued a warning to the community.  Casting a...

Doge Breaking This Single Level Will Spark Fresh Rally

Doge Breaking This Single Level Will Spark Fresh Rally

May 31, 2023

Dogecoin started a decent increase from the $0.0685 support against the US Dollar. DOGE could rally if it clears the...

Load More
Next Post
Trade Finance Platform We.Trade on the Brink of Liquidation, Report says

Trade Finance Platform We.Trade on the Brink of Liquidation, Report says

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Doge Breaking This Single Level Will Spark Fresh Rally

Doge Breaking This Single Level Will Spark Fresh Rally

May 31, 2023
Crypto bear market not hurting Grayscale Investments

Crypto bear market not hurting Grayscale Investments

May 30, 2023
Bank Of Japan Completes Second Stage Of CBDC Program

Bank Of Japan Completes Second Stage Of CBDC Program

May 30, 2023
Crypto Talent War For Blockchain Supremacy: The U.S. Versus The World – Forbes

Crypto Talent War For Blockchain Supremacy: The U.S. Versus The World – Forbes

May 30, 2023
Bitcoin Payments App Bottlepay To Shutdown Services

Bitcoin Payments App Bottlepay To Shutdown Services

May 25, 2023

About Us

We provide the latest crypto news, trading tools, and up-to-date education to students and traders all over the world.

ENROLL FOR FREE

Latest Crypto Headlines

  • Aurora Conference to unite global tech leaders in Helsinki
  • Top Crypto Influencer Expresses Doubt over Ripple’s Triumph in SEC Lawsuit
  • How Do Regulations Affect the Cryptocurrency Market? – Block Telegraph
  • ‘Zero’ Tokens Burned in 24-Hour Period
  • Bitcoin Wealth Is Transferring From Old To New Hands, Why This Is Positive
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • DipSnyper Bot
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2022 - OnlineCryptoCollege.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • DipSnyper Bot

© 2018 JNews by Jegtheme.

  • bitcoinBitcoin(BTC)$26,963.00-2.70%
  • ethereumEthereum(ETH)$1,861.07-2.18%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.000.05%
  • binancecoinBNB(BNB)$305.67-2.03%
  • usd-coinUSD Coin(USDC)$1.000.02%
  • rippleXRP(XRP)$0.50-2.75%
  • cardanoCardano(ADA)$0.371471-1.86%
  • staked-etherLido Staked Ether(STETH)$1,860.19-2.17%
  • dogecoinDogecoin(DOGE)$0.071261-1.53%
  • matic-networkPolygon(MATIC)$0.89-1.12%
  • solanaSolana(SOL)$20.53-2.73%
  • tronTRON(TRX)$0.075660-1.01%
  • polkadotPolkadot(DOT)$5.28-2.95%
  • litecoinLitecoin(LTC)$89.06-3.26%
  • binance-usdBinance USD(BUSD)$1.00-0.11%
  • shiba-inuShiba Inu(SHIB)$0.000008-4.16%
  • avalanche-2Avalanche(AVAX)$14.06-2.84%
  • daiDai(DAI)$1.00-0.02%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$27,007.00-2.66%
  • uniswapUniswap(UNI)$5.02-2.11%
  • chainlinkChainlink(LINK)$6.45-1.94%
  • leo-tokenLEO Token(LEO)$3.510.10%
  • cosmosCosmos Hub(ATOM)$10.45-3.43%
  • okbOKB(OKB)$45.52-3.33%
  • ToncoinToncoin(TON)$1.85-0.78%
  • moneroMonero(XMR)$146.78-4.51%
  • ethereum-classicEthereum Classic(ETC)$17.91-2.07%
  • Aerarium FiAerarium Fi(AERA)$7.15-13.10%
  • stellarStellar(XLM)$0.0903710.68%
  • bitcoin-cashBitcoin Cash(BCH)$112.32-2.01%
  • true-usdTrueUSD(TUSD)$1.00-0.12%
  • internet-computerInternet Computer(ICP)$4.64-4.28%
  • filecoinFilecoin(FIL)$4.65-3.30%
  • lido-daoLido DAO(LDO)$2.09-4.31%
  • quant-networkQuant(QNT)$115.041.71%
  • AptosAptos(APT)$8.23-3.12%
  • hedera-hashgraphHedera(HBAR)$0.051237-3.34%
  • crypto-com-chainCronos(CRO)$0.059483-1.10%
  • vechainVeChain(VET)$0.020328-2.44%
  • ArbitrumArbitrum(ARB)$1.15-7.08%
  • GGTKNGGTKN(GGTKN)$0.1121310.76%
  • nearNEAR Protocol(NEAR)$1.56-3.58%
  • the-graphThe Graph(GRT)$0.1327551.41%
  • apecoinApeCoin(APE)$3.13-2.22%
  • algorandAlgorand(ALGO)$0.146726-2.92%
  • paxos-standardPax Dollar(USDP)$1.000.06%
  • fraxFrax(FRAX)$1.00-0.07%
  • EdgecoinEdgecoin(EDGT)$1.000.16%
  • the-sandboxThe Sandbox(SAND)$0.53-3.94%