Hundreds of wealthy investors are using crypto to buy real estate in Europe

Wealthy investors are increasingly turning to cryptocurrency to purchase real estate in Europe, capitalizing on the growing acceptance of digital currencies in the property market. This trend is particularly evident in countries like Portugal and Spain, where regulations have become more favorable for crypto transactions. Investors are attracted to the speed and efficiency of crypto payments, as well as the potential for asset diversification. Additionally, some real estate firms are adapting their business models to accommodate these transactions, further facilitating the integration of cryptocurrency into the European real estate sector.

Read the full article: CoinDesk

Read more