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According to an executive with the Dubai-based DAMAC Properties, the real estate development “company has already succeeded in concluding real estate deals worth $50 million via cryptocurrencies since the beginning of this year.” The executive, however, says his company is facing challenges convincing the older generation decision-makers to buy into the metaverse, non-fungible tokens, and […]Powered by WPeMatico
Weiss analysts are wary over the usage of volatile crypto assets as collateral for long-term property loans.
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“Offering yet another transactional mode is exciting, and we are glad to recognize the value this technology brings to our customers,” said DAMAC Properties’ general manager of operations Ali Sajwani
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A Uruguayan Senator has introduced a bill seeking to “establish a legitimate, legal and safe use in businesses related to the production and commercialization of virtual currencies.”
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David Guetta is selling his $14 million Miami beachfront apartment, and will accept payments in Bitcoin and Ethereum.
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On May 27, the state of Florida saw one of the largest real estate sales in cryptocurrency, as a Miami Beach ultra-exclusive luxury penthouse was sold for over $22 million. The penthouse located on the ninth floor of the 12-story building offers 5,067 square feet of space and a 2,960-square-foot terrace with oceanfront views. One […]Powered by WPeMatico
You can now use Dogecoin to buy luxury apartments in Portugal, with a penthouse currently on sale for around 5 million DOGE, worth roughly $2.2 million.
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