Dubai’s $323M Bitcoin luxury real estate development reportedly hits a snag

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Dubai’s $323M Bitcoin luxury real estate development reportedly hits a snag
By Yessi Bello Perez


If you were hoping to splash your Bitcoin on luxury real estate in Dubai, you may have to wait a little longer.   According to The Times, the world’s first luxury development to be sold using the cryptocurrency is on hold. The Aston Plaza development in Dubai was promoted by Baroness Mone, a controversial lingerie mogul whose past business ventures have been called into question. Mone launched the $323 million (£250 million) project in September 2017 alongside her billionaire partner Doug Barrowman. At the time, marketing materials said the two residential towers would be finished by summer 2019. The development, where…

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April 29, 2019 at 03:32PM
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