First-Ever Direct House Sale For Bitcoin In Portugal

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

The feat was attainable due to new guidelines that turned efficient last month setting the directives as to how house owners and actual property brokers may promote properties for cryptocurrency instantly. Before the principles, somebody shopping for a home with bitcoin in Portugal needed to first convert it to euros on the time of buy with a purpose to do the transaction and obtain the home deed.

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