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Dubai Real Estate Giant To Accept Bitcoin As Payment

Dubai, United Arab Emirates-based luxurious actual property developer DAMAC Properties will quickly start accepting Bitcoin funds for the sale of property within the area, the corporate mentioned in a Wednesday statement.

“DAMAC Properties has always been at the forefront of innovations from developing luxury homes to creating unique experiences,” mentioned ALi Sajwani, basic supervisor of operations on the firm and lead of its digital transformations initiatives. “This move towards customers holding cryptocurrency is one of our initiatives at DAMAC to accelerate the new economy for newer generations, and for the future of our industry.”

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