Dubai real estate developer accepts Bitcoin and Ethereum payments
According to Khaleej Times, Damac said it would add payments for any of its properties that can be made in Bitcoin and Ether, the two largest crypto assets by market capitalization.
The company noted that enabling such payment will give more options and will be convenient for real estate investors. Also, the Dubai-based property developer believes that facilitating property purchases using cryptocurrency could revolutionize the real estate industry.