Bitcoin (BTC), Bitcoin Real Estate, Cryptocurrencies, Europe, property, Real estate, Spain, Spain Bitcoin

Crypto adoption keeps spreading among the real estate industry in Europe, specifically in Spain. Recently, a leading agency in the Canary Islands announced it would start accepting cryptocurrency payments.

Firm Praises Bitcoin’s Decentralized Nature

According to Digital Sevilla, Piso Barato Inmobiliaria, a Tenerife-based real estate firm, has enabled the feature that allows customers to acquire properties by paying with bitcoin (BTC).

Although they mentioned the word “cryptocurrencies,†the firm talked mostly about BTC throughout the announcement.

Piso Barato Inmobiliaria argues that a group of experts stated that bitcoin is becoming the “primary currency†of exchange globally, and thus, the firm became interested in digital assets. Future owners of properties, through the real estate agency, can purchase any property in Tenerife.

The Tenerife-based agency pointed out:

Moreover, Piso Barato Inmobiliaria praised the fact that bitcoin payments avoid tampering in the acquisition process of the properties. The agency also says that cryptocurrencies’ decentralized nature avoids any government intervention, making the process smooth.

Spanish Real Estate Agencies Keep Joining Bitcoin Adoption’s Bandwagon

Crypto payment adoption by the agency is part of a strategy to bolster a growing trend of the housing market in the islands, says the media outlet.

As news.Bitcoin.com reported on Feb. 26, another Spanish real estate platform, Idealista, listed its first-ever property for sale for cryptocurrency. The offer is entirely online, and whoever wants to buy the apartment in Barcelona must pay in bitcoin.

Although the first real estate transaction made in bitcoin in Spain happened in 2018, the firm clarified at the time that it was done “the traditional way.â€

What do you think about the growing crypto adoption by the Spanish real estate industry? Let us know in the comments section below.

RELATED NEWS

Investors File Class Action Lawsuit Before the National Court of Spain Over an Alleged $298M Crypto Scam

A group of Spaniards filed the first crypto-related class-action lawsuit before the National Court of Spain on an alleged million-dollar scam. The lawsuit targets an individual accused of allegedly scammed over 300 small crypto investors across Spain. Money Stolen Could Amount Up to $3.58 Billion Per El País, the class-action lawsuit claims that an individual […]

Xem chi tiết: Investors File Class Action Lawsuit Before the National Court of Spain Over an Alleged $298M Crypto Scam

Over $750 Million in Bitcoin from the 2016 Bitfinex Hack Moved Today

On Wednesday, after bitcoin prices touched a new all-time high, thousands of bitcoins from the August 2, 2016, Bitfinex hack were transferred to unknown wallets. The exact count of BTC moved from the hack is not entirely clear, but one blockchain parser shows that over 12,208 BTC from the 2016 Bitfinex breach worth $754 million […]

Xem chi tiết: Over $750 Million in Bitcoin from the 2016 Bitfinex Hack Moved Today

Popular Nightclub E11even Miami Reveals Cryptocurrency Payment Acceptance

While crypto assets have seen monumental gains this week, the popular nightclub in Florida, E11even Miami will accept bitcoin and a slew of other digital assets for merchandise, beverages, and tables. Following the pandemic, E11even Miami will be reopening on April 23 and will have crypto asset support when the nightlife establishment reconvenes services. 24-Hour […]

Xem chi tiết: Popular Nightclub E11even Miami Reveals Cryptocurrency Payment Acceptance

Latest Episode of The Simpsons Prices Bitcoin at ‘Infinite’ as the Crypto Consolidates Above the $60K Threshold

Bulls are taking the reins of the price action in the bitcoin across the board, making a solid breakout above the $60,000 threshold, reaching new all-time highs, and it seems The Simpsons “did it again.†In a new episode broadcasted on Sunday, BTC is highlighted in a ticker news feed with the infinite sign. Gamestop […]

Xem chi tiết: Latest Episode of The Simpsons Prices Bitcoin at ‘Infinite’ as the Crypto Consolidates Above the $60K Threshold

Bitcoin’s Creator Satoshi Nakamoto Is Now a Member of the Top 20 World’s Richest People

This week our newsdesk covered the world’s wealthiest cryptocurrency billionaires after the American business magazine Forbes published the 2021 list of billionaires. Now it was mentioned in our report that Satoshi Nakamoto didn’t make the cut, even though Bitcoin’s inventor is one of the wealthiest people in the world. Using today’s bitcoin exchange rates, data […]

Xem chi tiết: Bitcoin’s Creator Satoshi Nakamoto Is Now a Member of the Top 20 World’s Richest People

Report Claims the FBI Uses Bitcoin Mixers During BTC Forfeiture Processing

Over the last eight years, U.S. law enforcement has seized a great number of bitcoins and at one time, the Federal Bureau of Investigation (FBI) held one of the largest bitcoin wallets after the Silk Road takedown. A recently published report shows the FBI has started using cryptocurrency mixing applications in recent times in order […]

Xem chi tiết: Report Claims the FBI Uses Bitcoin Mixers During BTC Forfeiture Processing

Novogratz’s Galaxy Digital Jumps Into the Bitcoin ETF Fray

The investment company Galaxy Digital Holdings has revealed it is joining the growing list of firms looking to sponsor a bitcoin exchange-traded fund (ETF). Novogratz’s crypto firm applied with the U.S. Securities Exchange Commission (SEC) on Monday to launch a product called the “Galaxy Bitcoin ETF.†Galaxy Digital Wants to Provide a Bitcoin ETF Galaxy […]

Xem chi tiết: Novogratz’s Galaxy Digital Jumps Into the Bitcoin ETF Fray

How African Users Can Buy and Trade Bitcoin Cash Without Facing KYC or Geoblocking Hurdles

Africa remains the home to a large proportion of the world’s population that is unbanked according to a 2017 World Bank Global Index survey. Many of those who are unbanked cite their lack of official identification particulars as one of the main reasons for their predicament. Cryptos Narrowing Financial Exclusion Gap Therefore, in their effort […]

Xem chi tiết: How African Users Can Buy and Trade Bitcoin Cash Without Facing KYC or Geoblocking Hurdles

Bitcoin Price Taps New All-Time High, Analyst Says ‘Fertile Grounds for BTC to Take a Fresh Leg Up’

Spanish Tax Authority Issues 14,800 Warning Letters to Cryptocurrency Holders

Bitcoin’s Creator Satoshi Nakamoto Is Now a Member of the Top 20 World’s Richest People

Investor Says Bitcoin Bull Run Is Not Just Getting Started, Run-up Is in the ‘Top of the 7th Inning’

14 Years of Art for $500K: Youtuber Ali Spagnola Compiles All Her Free Paintings Into an NFT

Report Claims the FBI Uses Bitcoin Mixers During BTC Forfeiture Processing

Off to the Races: Kryptoin Re-files Bitcoin ETF Opting to List on Cboe Over Nasdaq

Chinese Tech Firm Meitu Buys 175 Bitcoin, Treasury Now Holds $100 Million Worth in BTC and ETH

Other Articles