Dubai Insurance Launches Crypto Wallet for Premiums and Claims

• UAE insurers now accept crypto for premiums and claims, boosting digital finance use.
• Dubai Insurance launched the first UAE crypto wallet, enabling secure blockchain payments.
• UAE strengthens global crypto leadership, integrating digital assets across financial sectors.

The UAE insurance industry has taken a major step toward digital finance integration as insurers begin accepting cryptocurrency for core services. Significantly, UAE residents can now pay insurance premiums and receive claim settlements using digital assets. 

This shift reflects the country’s broader strategy to embed blockchain-based payments into regulated financial sectors. Consequently, insurance joins banking and payments as the latest industry adapting to rising crypto adoption.

Dubai Insurance announced the launch of the UAE insurance sector’s first dedicated digital wallet for crypto…

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