First-Ever Direct Home Sale For Bitcoin In Portugal

An residence in Braga, Portugal was bought for 3 BTC on Thursday within the first-ever actual property sale straight and completely made in bitcoin, native information outlet Idealista reported.

The feat was potential because of new guidelines that turned efficient final month setting the directives as to how homeowners and actual property brokers might promote properties for cryptocurrency straight. Earlier than the principles, somebody shopping for a home with bitcoin in Portugal needed to first convert it to euros on the time of buy so as to do the transaction and obtain the home deed.

Leave a Reply

Your email address will not be published.