Ukraine ranked 10th in the world in terms of cryptocurrency ownership. Taking this into account, the cryptocurrency market is legalized in Ukraine, you can buy property for it, as well as pay taxes.
"Having studied the successful experience of global developers and taking into account the innovations of Ukrainian legislation on virtual assets, DIM decided to implement the possibility of purchasing real estate, including residential, using cryptocurrency. DIM will be the first Ukrainian developer to implement such a service," said DIM.
An authorized company will conduct stablecoin transactions in compliance with Ukrainian law. So far, the object's purchase is possible for USDC, USDT, BUSD, and DAI, then other stablecoins will be added.
"Despite the war, Ukrainians remain one of the most active cryptocurrency users in the world. Virtually all areas of Ukrainian business provide services or sell goods for cryptocurrency. Individuals sell and buy cryptocurrency property — movable and immovable, so such a service to buy primary real estate remained. The team of the DIM Group has carefully studied this issue and is ready to offer investors a very clear and safe procedure for concluding an agreement with the use of this modern financial instrument."
Buying a home for bitcoin is the first step in implementing a Web 3.0 system. The following steps in the plan will be to record blockchain agreements, replace paper contracts with smart contracts, and NFT homeownership agreements.