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August 9, 2022
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Caruso allows you to pay for renting real estate in BTC –

Legendary developer Rick Caruso enters the world of cryptocurrencies. Real estate company Caruso announced that tenants in its residential and commercial buildings can pay rents using Bitcoin (BTC).

Caruso allows you to pay for renting an apartment in BTC

The Los Angeles-based firm, one of the world’s most profitable real estate development companies, revealed it has invested in BTC as part of its new wealth management strategy. It also partnered with Gemini, a digital asset exchange and trustee founded by Cameron and Tyler Winklevoss. The aim of the new cooperation is to integrate cryptocurrencies, non-convertible tokens (NFT) and blockchain with its business infrastructure.

The company is headed by Rick Joseph Caruso. He is an American businessman, founder and CEO of the company. He was president of the Los Angeles Police Commission and a member of the Board of Water and Power Commissioners.

I believe Bitcoin and cryptocurrencies will play an important role in our common future and working with Gemini now will bring unparalleled experiences and pioneering technology that will add real value to our visitorshanded over.

In an interview with CNBC, the billionaire also presented his plan to use digital assets and blockchain to obtain additional benefits – creating a new loyalty program.

– Our loyalty program, which I envision working with Gemini and Winklevoss, is that you’ll earn coins. You will earn cryptocurrency – He said. – You can use this cryptocurrency on a blockchain, then spend on our properties, check in at our resort and, while living with us, pay the rent. We create this entire ecosystem – he explained.

Caruso Buy a house for BTC

First sale of real estate settled with cryptocurrencies took place in 2017, when a $ 60,000 apartment in Kiev, Ukraine, was purchased by TechCrunch founder Michael Arrington. This one bought them for help Etherów and through the platform Propy.

Development is taking place but it is slow.

– It is a very slow process when it comes to real estate, even though it has been seen as a new impetus in this industry for several years said Matthew McAuley, the company’s director of global research JLL providing real estate services.

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