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The Biggest Property Developer in Dubai Now Accepts Crypto

Anca Florentis by Anca Florentis
February 21, 2019
in News
burj khalifa 2212978 1920

Emaar Properties, the company that developed Burj Khalifa (the tallest building in the world), with an income of nearly $6 billion per year, has allegedly started accepting Bitcoin and Ethereum for payments by using the services of Bitcoin Suisse, a crypto broker which has similar functions to BitPay.

No official statements have been made by Emaar so far, but Invest Group, a brokerage firm based in Dubai, gave further clarifications regarding a recent tweet they made:

emar
Source: Twitter

“Emaar is the one now accepting crypto currency,” Invest Group stated. “All registered agents (such as us) received an email from Emaar about the news.”

The email that was sent is claimed to look like an official email address of Emaar, as it ends with an emaar.ae. The email read the following:

 

“We are pleased to announce now that all customers will be able to buy Emaar Properties using digital currencies (Bitcoin & Ethereum). The transaction will happen through one of the biggest brokers of digital currencies in the world ‘Bitcoin Suisse’ who are regulated and based in Switzerland.”

The email also has attached a five-page document which described the payment process with BTC or ETH, which are then exchanged into dollars and sent to Emaar.

Emaar is the biggest company in all of UAE in property development, and it is currently the biggest real estate developer to accept cryptos. The adoption of the two biggest cryptos in the space means that many international and local property agents will accept as crypto as payment for Emaar properties.

 

The document also states that Bitcoin Suisse will be accepting BCH and BSV with conversions possible in a number of fiat currencies, including the Arab Emirates Dirham. But the email only mentions the support for bitcoin and ETH, so it is not clear if the other mentioned cryptos are accepted.

Blockchain and crypto adoption seems to have also hit the Middle East, with $5 billion worth of BTC being processed in the last 24 hours, counting over a trillion for the entire year of 2018, the coin being close to exceed MasterCard value transfers.

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Anca Florentis

Anca Florentis

Investigative Journalist | Adoption Reporter | Human-Centered Crypto Storyteller
Anca Florentis is a journalist and market researcher whose work sits between investigative reporting and human-centered crypto storytelling. At TheCCPress, she covers adoption, market transparency, founder and company narratives, and the social consequences of crypto expansion across different regions. Her writing is built around people, incentives, and public trust rather than abstract market chatter.

“A strong crypto story should explain not only what happened, but who it affected and why trust changed.”

Profile
- Gender: Female
- Born: July 1993
- Based: Cluj-Napoca, Romania
- Company: TheCCPress
- Website: https://theccpress.com/
- Coverage Focus: Investigations, people, adoption, company stories, regulatory tension

Experience
Anca’s background spans financial reporting, fintech journalism, and crypto research. She has worked on stories involving European regulation, cross-border payments, DeFi adoption, and early Bitcoin use cases, which gives her a broad base for narrative journalism that remains grounded in evidence. At TheCCPress, she is especially useful when a story needs both reporting discipline and a human-centered angle.

Background
She studied economics and international business before deepening her work in digital media and communication. That combination shaped her reporting style: structurally aware, curious about systems, but still focused on the people and organizations moving through those systems. She is particularly effective on pieces where institutional language hides a more personal or social conflict underneath.

Achievements
Anca has contributed feature reporting, event coverage, founder interviews, and market-context journalism across European crypto and fintech topics. Her strongest contributions are stories that connect adoption or regulation with people, incentives, and trust rather than treating those issues as abstract themes.

Work Style
She writes with a measured investigative tone and tends to work from interviews, documented context, and narrative framing rather than short-form reaction. That makes her a strong fit for TheCCPress sections where the goal is to explain how a story unfolded and why it matters beyond a single market cycle.

Skills
Anca’s key strengths include investigative journalism, market research, founder and company profiling, regulatory reporting, feature writing, and cross-border crypto context. She is especially valuable on stories that need both narrative depth and factual discipline.

Additional Information
Within the new site structure, Anca fits naturally in investigations/controversy, people/founders, people/institutions, and selected stories/company-sagas. She helps TheCCPress sound more like a real editorial publication and less like a generic crypto feed.

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