House Sold In Portugal For 3 Bitcoin In Country’s First-Ever Direct Transaction

The feat was possible thanks to new rules that became effective last month setting the directives as to how owners and real estate agents could sell properties for cryptocurrency directly.

In late April, Dubai, United Arab Emirates-based luxury real estate developer DAMAC Properties said it would soon begin accepting Bitcoin payments for the sale of real estate in the region.

Portugal is also joining the competition among nations that seek to invite Bitcoin companies and enthusiasts to foment its economy.

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