Binance Partners and Majid Al Futtaim to integrate crypto payments in the UAE

The UAE's leading shopping mall operator Majid Al Futtaim has partnered with Binance to be able to accept cryptocurrencies at its malls and other properties. Majid Al Futtaim is known to be one of the most prestigious opertators in the Middle East with over millions of customers.

The infrastructure to hold virtual assets on numerous platforms and creation of a digital wallet along with integration of Binance Pay which supports over 40 cryptocurrencies will allow customers to purchase virtual assets at Majid Al Futtaim’s various locations in-line with the appropriate laws and regulations. 

Majid Al Futtaim operates in 17 countries, consists of 29 shopping malls across the Middle East and North Africa which includes; Mall of the Emirates, Mall of Egypt, Mall of Oman and Mall of Saudi Arabia. Furthermore, the group also operates 13 hotels (11 in the UAE and two in Bahrain) and 607 cinema screens.

This partnership will most definitely have a postive effect on the innovative stage Dubai has been creating and will define the next digital era. Majid Al Futtaim to become the pinoeer in bridging the gap between physical and Web3 experiences.