Dubai Customs collaborates with Binance to promote cryptocurrency payment applications

Dubai Customs has signed a cooperation agreement with Binance to introduce cryptocurrency payment capabilities in commercial and logistics transactions. This collaboration 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 enhancing trade efficiency and accelerating investment flow through payment solutions, including Binance Pay.

The agreement indicates that digital assets will be integrated into the local commercial and logistics systems to support blockchain-based innovative financial infrastructure, further shortening transaction times and reducing costs. The collaboration will also help optimize import-export processes, improve customs clearance efficiency, and provide more modern payment methods for small and medium-sized enterprises to expand their businesses and enter global markets.

Dubai Customs previously launched a blockchain platform in 2024 to accelerate customs clearance and commercial processing, achieving reliable supply chain data sharing. In 2023, its blockchain 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 position as a trade and logistics hub. Busenad pointed out that the cooperation will accelerate customs digitization, make processes smarter, and open a new chapter for the integration of cryptocurrency payments.

Binance CEO Richard Teng stated that both parties will jointly launch innovative solutions to create a tangible impact in the customs sector and promote the further development of Dubai's digital ecosystem and related infrastructure.