RAK Properties accepts payment by Crypto: UAE leads the wave of cryptocurrency acceptance

The crypto market is witnessing another significant advancement as #RAKProperties , one of the leading real estate companies in the UAE, announces it will accept payments in $BTC , $ETH , Tether, and other cryptocurrencies. This move not only opens a new payment channel but also reinforces the UAE's position as a global crypto hub.

Expanding the use of crypto in everyday life

Transactions will be conducted through Hubpay, a platform that seamlessly converts cryptocurrencies into local currency #UAE , ensuring stability for payments. The acceptance of crypto in the real estate sector is a strong signal, indicating that cryptocurrencies are increasingly being integrated into core economic sectors.

UAE: The future crypto hub

With a clear legal framework and a policy of tax exemption on profits from crypto, the UAE is becoming an ideal destination for investors and businesses in this field. Experts predict that crypto could become the second-largest economic sector in the UAE after oil and gas within the next 5 years. The involvement of major companies like RAK Properties indicates a strong belief in the future of crypto, driving comprehensive market development. #anh_ba_cong