Dubai-based real estate developer Damac Properties has disclosed that it will accept BTC and ETH payments for property sales.
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How the forward-thinking Gulf nation is becoming a booming capital for cryptocurrency businesses
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Dubai is regarded as a candidate for the company’s global headquarters, and the company has been strengthening ties with the United Arab Emirates.
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Crypto property purchases are usually cash purchases; the cryptocurrency is converted into cash at a crypto exchange house before the transfer.
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DMCC enters MoU with Securities and Commodities Authority
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Dubai Government-owned KIKLABB to accept cryptocurrency payment for trade licences and visa fees
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