Haciyev Reşit 
The United Arab Emirates (UAE) has made a significant move for Bitcoin (BTC) and altcoins. RAK Properties announced that it will officially accept cryptocurrencies like Bitcoin, Ethereum (ETH), and Tether (USDT) as payment for international real estate transactions.
Crypto Payments Go Official
According to RAK Properties, clients can now use BTC, ETH, and USDT for property purchases. The cryptocurrencies will be converted into UAE fiat currency before being deposited into RAK’s accounts. This initiative aims to increase accessibility for global investors and streamline transactions.
Targeting Global Investors
RAK Properties officials stated that this crypto payment option is intended to attract a new generation of buyers seeking to invest in the rapidly growing real estate market. “Clients can now purchase properties using major digital assets like USDT, BTC, ETH, and more,” the announcement said.
UAE as a Crypto Hub
With clear regulatory frameworks and no taxes on cryptocurrency profits, the UAE has become an attractive hub for digital assets. Adoption of crypto in the country is rapidly increasing, and such steps boost investor confidence and interest.
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