Dubai Legalizes Crypto for High-Value Real Estate Deals
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最新报道：Dubai has officially legalized cryptocurrency transactions for real estate deals exceeding $250,800 (1 million AED), as part of its push to become a global crypto hub. The move allows investors to purchase properties using major cryptocurrencies like Bitcoin and Ethereum through approved brokers. The Dubai Land Department will oversee these transactions to ensure compliance with anti-money laundering regulations. This initiative follows Dubai's March 2022 virtual assets law and the establishment of the Virtual Assets Regulatory Authority (VARA). Real estate firms predict the policy will attract more international crypto investors to Dubai's property market.
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