Apartment Sold for Bitcoin in Portugal After New Regulation Allows Property Deals in Crypto Bitcoin News

-An apartment in Portugal has been bought with cryptocurrency without any conversion to fiat money, in a reported first for the country.
-The new owner paid 3 bitcoins (BTC) for the home, worth around 110,000 euros at the time the purchase took place.
-Buying property directly with cryptocurrency is now possible in Portugal thanks to a new provision recently adopted by the Order of Notaries.
-In the past, the coins had to be converted to euros before a payment to a seller was made. Now, the real estate acquisition can be a 100% crypto operation, in which the digital money is exchanged for the rights to the property.

appartments Apartment Sold for Bitcoin in Portugal After New Regulation Allows Property Deals in Crypto Bitcoin News
Apartment Sold for Bitcoin in Portugal After New Regulation Allows Property Deals in Crypto Bitcoin News 2

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