Skip to main content

Bahrain’s CoinMENA to facilitate real estate payments via cryptocurrency

The agreement with Carlton Real Estate only applies to certain coins. Cryptocurrency’s utility is increasing in the Gulf.
An illustration picture taken in London shows a gold plated souvenir cryptocurrency Tether (USDT) coin arranged beside a screen displaying a trading chart, May 8, 2022.

Cryptocurrency owners in Bahrain are now able to buy property using their coins. 

The Bahrain-based crypto platform CoinMENA announced a partnership today with Bahrain’s Carlton Real Estate. Per the agreement, Carlton will accept payments in “stablecoins” cryptocurrencies such as USDT and USDC, according to a press release. 

Access the Middle East news and analysis you can trust

Join our community of Middle East readers to experience all of Al-Monitor, including 24/7 news, analyses, memos, reports and newsletters.


Only $100 per year.