Venezuelan Buys Apartment Using Tether as Real Estate Market Warms Up to Crypto

venezuelanA Venezuelan individual has reportedly purchased an apartment using cryptocurrency, specifically Tether, in the coastal state of Anzoategui last month. This is one of the first purchases of real estate with crypto that has been recorded in the country, but more properties are listed as accepting cryptocurrencies as a payment option in several real estate […]

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Shanghai Law Enforcement Officials, Scholars Talk Cryptocurrency

Shanghai Law Enforcement Officials, Scholars Talk CryptocurrencyRepresentatives of law enforcement agencies and academia in Shanghai held a seminar devoted to cryptocurrencies, regulations, and the combating of crypto-related crime. Determining “the legal attributes of virtual currency” was among the main topics at the forum which also focused on matters of financial supervision. Prosecutors and Professors Discuss Crypto Oversight in Shanghai Amid an […]

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Domestic and Foreign Buyers Acquired a ‘Tokenized’ Apartment in a Spanish City by Paying With Ethereum

Domestic and Foreign Buyers Acquired a 'Tokenized' Apartment in a Spanish City by Paying With EthereumNational and foreign buyers acquired a “tokenized” apartment in Spain with ethereum, which involved a domestic crypto exchange and a real estate investment firm. The city of Sevilla was the scenario for the crypto deal between the parties. Transaction Was Worth Over $64,000 According to El Correo Web, the Spanish crypto exchange Criptan and the […]

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Spanish Real Estate Agency Begins Accepting Bitcoin Payments for Properties in the Canary Islands

Spanish Real Estate Agency Begins to Accept Bitcoin Payments for Anyone Interested in Buying Properties in the Canary IslandsCrypto 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 […]

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US Banks Face a Massive Commercial Real Estate Crisis Looming on the Horizon

US Banks Face a Massive Commercial Real Estate Crisis Looming on the HorizonFinancial incumbents may face a harsh reality soon, as a commercial real estate crisis has threatened the profits from America’s largest banks. A number of reports show that banks with a large amount of commercial real estate in their portfolios may see a significant fallout in the next few months. Just recently PWC’s real estate […]

The post US Banks Face a Massive Commercial Real Estate Crisis Looming on the Horizon appeared first on Bitcoin News.

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Tax Office to Contact 350,000 Australians and Remind Them to Report All Crypto Profits

Tax Office to Contact 350,000 Australians and Remind Them to Report All Crypto ProfitsAustralian tax agents have set out to close a gap they say costs the state several billion dollars. Taxpayers who file various work-related claims and investment property deductions or declare income from sharing economy platforms such as Uber and Airbnb may be asked for explanations and receipts. Investors and traders earning income from cryptocurrencies are […]

The post Tax Office to Contact 350,000 Australians and Remind Them to Report All Crypto Profits appeared first on Bitcoin News.

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