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Bitcoin’s first ever direct home sale in Portugal

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“This certificate is a historic milestone, we will not transfer digital assets to physical assets (houses) and convert them into euros”

The apartment in Braga, Portugal, sold for 3 BTC on Thursday, was the first real estate sale in history to take place directly and completely with the local news agency Bitcoin. Idealist report.

 

Great feats are possible thanks to the new rules that have been enabled last month Set directives on how owners and realtors can sell cryptocurrency real estate directly. Prior to the rule, a person buying a house with Bitcoin in Portugal had to first convert it to euros at the time of purchase in order to make a transaction and receive a certificate of the house.

 

“This certificate is a historic milestone, we will not transfer digital assets to physical assets (houses) and convert them into euros”

Autor:

Andrew

Pusuma.tech
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