Trump Tower Dubai To Accept Crypto Payments
Eric Trump has announced that the upcoming $1 billion Trump International Hotel and Tower in Dubai will accept #cryptocurrency payments, including
$BTC, for residential units. The 47-storey tower is being developed in partnership with London-listed Dar Global.
Ziad El Chaar, CEO of Dar Global, confirmed that project funding will come from a mix of bank borrowing, equity, and investor collections. The development includes high-end apartments and penthouses priced up to $20.4 million.
#Trump called Dubai “one of the hottest property markets,” adding that crypto is “the financial mechanism of the future” and a “credible hedge” alongside real estate.
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