CoinMena, a Bahrain-based crypto asset service provider, has partnered with Carlton Real Estate to facilitate real estate purchases using CRYPTOCURRENCIES.

Ali Adnan Mahmood, Deputy General Manager of Carlton Real Estate, noted:

“We are proud to be the first real estate brokerage company in the kingdom to accept crypto asset transactions for the purchase of property and other real estate services through our partnership with CoinMena, the Crypto Asset Service Provider licensed by the Central Bank of Bahrain”.

By incorporating crypto into your payment options, Carlton Real Estate believes this will further your management, financing and brokerage goals. CoinMena enables institutional and retail investors to easily access digital asset investments directly from their bank accounts for fast and frictionless money transfers.

In a joint statement, CoinMena founders Dina Sam’an and Talal Tabbaa stated:

“As adoption continues to grow in the region, we see significant opportunities to use cryptocurrencies to purchase real-world assets. Crucially, this Carlton partnership also signals to the market that cryptocurrencies are maturing and gaining mainstream acceptance as a viable medium of exchange, they said in a joint statement.

They added that Bahrain has been examining the crypto/blockchain space based on the adoption of various regulations.

For example, the Central Bank of Bahrain (CBB) conducted a crypto payment trial with Onyx, JPMorgan’s cryptocurrency and blockchain unit.

Additionally, Binance received a Category 4 license as a Crypto Asset Service Provider (CASP) from the CBB. This license was to allow Binance Bahrain to offer a full range of cryptocurrency trading services to consumers under the supervision of Bahraini regulators, Blockchain.News reported.

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