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Dubai’s The Manor Hotel by JA now accepts cryptocurrency payments. The hotel cooperates with Binance, so guests in addition to Bitcoin (BTC) and Ethereum (ETH) can use the Binance coin (BNB) to pay for rooms and services.
Payment can be made on the hotel’s website through the binance cryptocurrency payment gateway. The hotel’s official website states that it “adheres to strict security measures to protect the rights of customers and business owners equally.”
Mohammed Hanif Al Kassim, Managing Partner of Manor Hotel, said:
“Virtual assets fit into The Manor’s vision of sustainability and digital transformation, given its position among the best eco-friendly boutique hotels in Dubai.”
Binance is working to increase the popularity of cryptocurrencies. Dubai actively supports local businesses that accept digital assets.
In addition, Binance is making a lot of efforts to gain a foothold in the Middle East.
Richard Teng, Binance’s regional head for the Middle East and North Africa (MENA), said:
“Binance is actively collaborating with local businesses and institutions to promote the further spread of cryptocurrencies among our users and the development of the community as a whole. Our partnerships with leading innovative businesses like JA are in line with our vision to expand cryptocurrency adoption in the region.”
The example of Manor Hotel shows that digital assets continue to integrate into various sectors, as well as into the global economy as a whole.
More and more businesses in the service sector are starting to accept payments in cryptocurrency. EuroSports Global, a distributor of luxury cars, recently began accepting digital assets for goods: the company accepts Bitcoin, Ethereum, USD Coin (USDC) and Tether (USDT).
Cinema chain AMC recently entered into an agreement with BitPay, and now customers can purchase tickets using Dogecoin. Previously, AMC cinemas accepted payments in BTC and Ethereum through Paypal.
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