A select number of landlords working with fam properties will begin accepting Bitcoin payments for residential property rental within City Walk, one of the Dubai"s most attractive projects. Company"s CEO Firas Al Msaddi announced that from October 1st, some City Walk landlords whose properties are managed by fam properties are willing to accept Bitcoin rental payments. This is a major announcement since City Walk is in high demand and the only freehold project in Jumeirah. Landlords who are accepting Bitcoin rental payments will surely have regulatory guidelines in place.

How do you guys think about this development? Will it have any impact on the market?

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