Damac to accept Bitcoin, Ethereum as payment for property – ITP.net
- Date: 28-Apr-2022
- Source: ITP
- Sector:Financial Markets
- Country:Middle East
Damac to accept Bitcoin, Ethereum as payment for property – ITP.net
UAE’s Damac Properties will begin accepting Bitcoin and Ethereum as payments for property purchased.
Earlier this week Damac Group said it would invest $100 million in building digital cities in the metaverse.
Damac isn’t the first real estate group to accept cryptocurrency as payment. The company is part of a growing group that is accepting payments in virtual currencies.
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