Apartment Sold for Bitcoin in Portugal After New Regulation Allows Property D...
An apartment in Portugal has changed hands, with the buyer paying directly in cryptocurrency in a reported first for the country. The home was purchased for 3 bitcoins without conversion to euros, under a new regulation permitting real estate deals with digital currencies. Buyer Pays With Bitcoin for Apartment in Braga, Portugal A three-room (two-bedroom) apartment in the Portuguese city of Braga has been bought with cryptocurrency without any conversion to fiat money. Local media reports have described the deal as a first in the history of the country’s real estate market. The new....
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An apartment in Braga, Portugal was directly sold for bitcoin for the first time in the country, without needing a conversion into euros.
A Spanish real estate platform has listed its first-ever property for sale for cryptocurrency. The offer is entirely online, and whoever wants to buy the apartment in Barcelona must pay in bitcoin. Anyone Interested Can Pay 3.5 BTC for the Property Per an official announcement, Idealista is seeking to sell its first property via BTC in the wake of a “second revolution” seen in the crypto industry. The apartment is located in the center of Barcelona — close to the Rambla Catalonia — and the interested person should make all the arrangements online, said the....
You can now use Dogecoin to buy luxury apartments in Portugal, with a penthouse currently on sale for around 5 million DOGE, worth roughly $2.2 million. Dogecoin has often been seen as a joke coin, or an asset for TikTok speculators to gamble on, but now you can buy entire luxury apartments in Lisbon, Portugal with the currency. #fntx #btc #doge #cardano #ada #dogecoin #355outubro #portugal #lisboa #portugalrealestate pic.twitter.com/uiPuTnOA55— FNTX Suisse (@FNTX_Suisse) May 11, 2021 Zug-based crypto payments and OTC liquidity provider FNTX Capital Suisse has partnered with....
Crowdfunding real estate venture RealtyShares is now taking bitcoin-based investments. The site, founded in June last year, enables small investors to get into real estate by pooling their money with others. The crowdfunding investments include family homes, commercial properties, and apartment complexes. Each property is purchased under a separate limited company (LLC), and investors in the property are given a share of the rent on a monthly or quarterly basis, based on their investment. When the property is sold, they are also awarded a share of that profit. CEO Nav Athwal said that the....
Portugal now has two approved cryptocurrency exchanges. The country’s central bank, the Banco de Portugal, has licensed Mind the Coin and Criptoloja. In Portugal, the central bank is responsible for registering entities that intend to act as virtual asset service providers (VASPs). The bank must also ensure that they are in compliance with the legal and regulatory provisions on the prevention of money laundering and terrorist financing (AML/CFT). Mind the Coin supports bitcoin, litecoin, and monero. “Buy bitcoin or other cryptocurrencies at our terminals or P2P online,”....