The Al Jalila Foundation announced today it will start accepting donations in cryptocurrencies. The Dubai-based medical charity is the first charitable organization in the United Arab Emirates to accept donations in crypto, the Dubai Media Office said in a press release, explaining that the foundation has also partnered with an unspecified “leading cryptocurrency platform.”
Why it matters: The cryptocurrency scene in the UAE is growing. The Dubai-based airlines Emirates will also reportedly start accepting payments in cryptocurrencies. The Emirati grocery delivery platform YallaMarket likewise began accepting crypto payments last month.