Historic milestone by buying a house for 3 bitcoins!!!
Historic milestone by buying a house for 3 bitcoins!!!
Cryptocurrency has been banned by the governments of many countries together. The biggest reason for this is to keep the investment of the public safe. In india also it is not regulated yet.
In portugal, a two-bedroom house was bought for 3 bitcoins. In fact, a two-bedroom house in the Braga district of portugal has been sold for 3 bitcoins. The buyer has purchased this house by paying directly in BTC without converting it to Euro. At present, the price of BTC is running around Rs 26.85 lakh. This is the first real estate deal in portugal to be paid for entirely through cryptocurrency. It is known that recently the european nation had decided to give legal validity to real estate deals with virtual currency.
The sale was completed by Portuguese real estate agency Zome with the help of law firm Antas da Cunha Ecija and partners from Switzerland-based Crypto Vallery. Zome reported that"This deed marks a historic milestone, the transfer of a wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital asset to a physical asset (a home) without any conversion into Euros."Bitcoin.com reported in its report that according to the bank of Spain, Portugal's share of crypto transaction volume in the Eurozone far exceeds the weight of its Gross Domestic Product (GDP) in the single currency region's economy.
Cryptocurrency has been banned by the governments of many countries together. The biggest reason for this is to keep the investment of the public safe. In india also it is not regulated yet.
In portugal, a two-bedroom house was bought for 3 bitcoins. In fact, a two-bedroom house in the Braga district of portugal has been sold for 3 bitcoins. The buyer has purchased this house by paying directly in BTC without converting it to Euro. At present, the price of BTC is running around Rs 26.85 lakh. This is the first real estate deal in portugal to be paid for entirely through cryptocurrency. It is known that recently the european nation had decided to give legal validity to real estate deals with virtual currency.
The sale was completed by Portuguese real estate agency Zome with the help of law firm Antas da Cunha Ecija and partners from Switzerland-based Crypto Vallery. Zome reported that"This deed marks a historic milestone, the transfer of a wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital asset to a physical asset (a home) without any conversion into Euros."Bitcoin.com reported in its report that according to the bank of Spain, Portugal's share of crypto transaction volume in the Eurozone far exceeds the weight of its Gross Domestic Product (GDP) in the single currency region's economy.