Luxury real estate + crypto: what buyers must confirm before paying

{ "title": "Dubai Luxury Real Estate & Crypto: Navigating Security and Compliance", "excerpt": "High-net-worth individuals in Dubai must understand the risks and benefits of using cryptocurrency in luxury real estate transactions. Learn how to ensure security and compliance.", "html": "<h1>Dubai Luxury Real Estate & Crypto: A Guide for High-Net-Worth Buyers</h1><p>When it comes to luxury real estate in Dubai, high-net-worth individuals often turn to cryptocurrency as a means of payment. However, this raises important questions about security and compliance.</p><h2>Understanding the Risks</h2><p>Cryptocurrency transactions can be vulnerable to hacking and other forms of cybercrime. In addition, the use of cryptocurrency in real estate transactions may not be fully compliant with local regulations.</p><h2>Over-the-Counter (OTC) Transactions</h2><p>OTC transactions involve buying or selling cryptocurrency directly between two parties, without the use of an exchange. This can provide greater security and flexibility, but also requires a higher level of due diligence.</p><h2>Practical Steps for Buyers</h2><p>To ensure security and compliance when using cryptocurrency in luxury