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Trump Tower Dubai Goes Crypto: Eric Trump Greenlights Digital Asset Payments
Trump Tower Dubai Goes Crypto: Eric Trump Greenlights Digital Asset Payments
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Dubai’s luxury real estate market just got a blockchain boost—Eric Trump confirms Trump Tower will accept cryptocurrency payments. Move over, fiat.
The move signals another high-profile embrace of digital assets by the Trump empire, though skeptics whisper it’s more about laundering reputation than laundering money.
Prospective buyers can now bypass traditional banking rails—assuming they’re okay with 30% price swings before the ink dries on the contract.
Trump Tower | Bloomberg
Growing Adoption of Crypto Payments
This development aligns with a broader trend of traditional industries intersecting with the crypto economy.
In 2023, The Crypto Basic reported that Bahrain-based real estate developer Bin Faqeeh began accepting Bitcoin (BTC) and Shiba Inu (SHIB) for property purchases via Binance Pay.
This move reflects growing crypto adoption in the real estate sector, following similar actions by companies like Condos.com and Pacaso.
Earlier this month, Lomond School in Scotland became the first UK educational institution to accept Bitcoin for tuition payments. This further highlights the growing trend of crypto payments in traditional sectors.
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