RAK Properties, a leading real estate company in the Ras Al Khaimah emirate of the UAE, has announced it will accept Bitcoin, Ethereum, and USDT for international real estate transactions. The initiative, aimed at attracting digitally savvy investors, will see digital asset transactions managed by Hubpay, a regional payment platform that will convert cryptocurrencies into local fiat currency. RAK's Chief Financial Officer, Rahul Jogani, emphasized the move as a strategic effort to expand their customer base.
RAK Properties to Accept Bitcoin and Ethereum for Real Estate Transactions
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