The arrangement — routing crypto payments through the Abu Dhabi Global Market (ADGM)‑regulated Hubpay and Virtual Assets Regulatory Authority (VARA)‑licensed partners so RAK Properties does not directly hold digital assets — aims to attract digitally savvy global investors, including U.S. investors, and broaden payment options as construction proceeds on more than 800 units due this year, a move executives say supports Ras Al Khaimah’s Vision 2030 and the developer’s innovation strategy.
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