Crypto daily news logo
  • Home
  • Cryptocurrency
    • Analytics
    • Bitcoin
    • Ethereum
    • Alt coins
  • Others
    • Regulation
    • Blockchain
    • Guide
    • Mining
  • Security
No Result
View All Result
  • Home
  • Cryptocurrency
    • Analytics
    • Bitcoin
    • Ethereum
    • Alt coins
  • Others
    • Regulation
    • Blockchain
    • Guide
    • Mining
  • Security
No Result
View All Result
Crypto News
No Result
View All Result
Home Others

Dubai-based firm Binghatti has launched the acceptance of crypto payments

Admin by Admin
03.06.2022
in Others
18 0
0

Reading time: ~2 m


One of the largest real estate construction companies in the United Arab Emirates, Binghatti Developers, has issued a press release on the start of accepting payments in the form of digital cash. It was about the ability to use Bitcoin (BTC) and Ethereum (ETH) cryptocurrencies as payment.

The developers’ message read: the acquisition with the help of virtual assets extends to the purchase of any real estate, including projects of unrealized construction.

The head of Binghatti, Muhammad Binghatti, after highlighting the innovations, added:

“We are starting our journey of using digital payments with the integration of leading cryptocurrency assets. The dynamics of further interaction will shed light on what digital currencies will replenish our capabilities.”

Binghatti has become the second Dubai developer to announce its intention to use cryptocurrencies as a payment instrument. Earlier, a similar possibility was announced by Damac Properties.

The United Arab Emirates, according to experts, are the legislators of the trend of introducing digital assets into everyday life. According to the materials of the Dubai news publication Khaleej Times, cryptocurrencies can currently pay for the legal services of Ashish Mehta and Associates, food in the delivery service Yalla Market, as well as training at the Citizens Schools school.

The policy of loyalty to the crypto industry was actively supported by the UAE government, having created a legal framework for the regulation of virtual financial instruments.

The result was the formation of the state supervisory authority for the regulation of virtual assets – VARA. The Dubai regulator gained wide international fame after it placed the headquarters of MetaHQ in the Metaverse.

Earlier, the editorial board of the Crypto.ru reported that the management of the Binance exchange reported on the conduct of active negotiations with Arab sheikhs to deepen cooperation.


#Dubaibased #firm #Binghatti #launched #acceptance #crypto #payments

Related articles

51% of Latin Americans have made transactions with cryptocurrency

51% of Latin Americans have made transactions with cryptocurrency

26.06.2022
Yuga Labs filed a lawsuit against the creator of “fake” BAYC tokens

Yuga Labs filed a lawsuit against the creator of “fake” BAYC tokens

26.06.2022
investors downgrade BlockFi’s valuation from $5 billion to $1 billion

Morgan Creek Digital plans to buy a controlling stake in BlockFi

26.06.2022
Alchemy Pay simplifies crypto payments for NFT

Alchemy Pay simplifies crypto payments for NFT

26.06.2022
Tags: acceptanceBinghatticryptoDubaibasedfirmlaunchedpayments
Share24Tweet15
  • Trending
  • Comments
  • Latest
Grayscale purchased ADA ahead of the Vasil hard fork

Grayscale purchased ADA ahead of the Vasil hard fork

09.06.2022
Decentralized Pictures announced the launch of a blockchain app for film financing

Decentralized Pictures announced the launch of a blockchain app for film financing

17.05.2022
First court ruling in the U.S. on the use of cryptocurrencies to circumvent sanctions

First court ruling in the U.S. on the use of cryptocurrencies to circumvent sanctions

17.05.2022
Mining firm Greenidge Generation increased quarterly revenue by 240%

Mining firm Greenidge Generation increased quarterly revenue by 240%

17.05.2022
The DeFi market suffered because of the collapse of Terra

The DeFi market suffered because of the collapse of Terra

Fed meeting is a negative factor for Bitcoin growth

Fed meeting is a negative factor for Bitcoin growth

Bitcoin strengthens as global stock market improves

Bitcoin strengthens as global stock market improves

Game company Square Enix will make blockchain and Play-to-Earn its business model

Game company Square Enix will make blockchain and Play-to-Earn its business model

51% of Latin Americans have made transactions with cryptocurrency

51% of Latin Americans have made transactions with cryptocurrency

26.06.2022
SkyBridge Director’s Predictions

SkyBridge Director’s Predictions

26.06.2022
Yuga Labs filed a lawsuit against the creator of “fake” BAYC tokens

Yuga Labs filed a lawsuit against the creator of “fake” BAYC tokens

26.06.2022
Short positions at record levels

Short positions at record levels

26.06.2022

Метки

altcoins Analyst assets Bank billion Binance Bitcoin bitcoins blockchain BTC called collapse crypto cryptocurrencies Cryptocurrency DeFi Digital ETH Ethereum fall fell growth increased investors June launch Luna market million miners Mining network NFT platform price rate regulation support Terra token tokens Top UST week XRP

Newsletter

No Result
View All Result
  • Home
  • Cryptocurrency
    • Analytics
    • Bitcoin
    • Ethereum
    • Alt coins
  • Others
    • Regulation
    • Blockchain
    • Guide
    • Mining
  • Security

© 2022 Crypto News Daily

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in settings.

Privacy Overview
Crypto News

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.

3rd Party Cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.

Please enable Strictly Necessary Cookies first so that we can save your preferences!

Cookie Policy

More information about our Cookie Policy

Powered by crypto-daily.news  GDPR Cookie Compliance