Major Middle Eastern Real Estate Developer Introduces Cryptocurrency Payments

RAK Properties, a leading publicly listed real estate developer located in Ras Al Khaimah, UAE, announced on the first of the month that it has partnered with fintech company Hubpay to enable international customers to purchase real estate using digital assets (cryptocurrencies). The company has started accepting payments in major cryptocurrencies such as the stablecoin USDT, Bitcoin (BTC), and Ethereum (ETH). Payments on Hubpay's regulated platform are instantly converted into the UAE's official currency, the Dirham, and deposited directly into RAK Properties' accounts...