Venezuela’s most expensive home has been listed for sale, and the vendor is willing to accept cryptocurrency payment.
Tokens are widely accepted as a form of payment throughout the Latin American country, but the sale of the $20 million property would mark a significant milestone in the country’s crypto adoption.
So, if a buyer decides to pay in cryptocurrency for the property, it would be a significant step forward for crypto’s cause in the private sector, with most adoption-related breakthroughs thus far occurring in the remittance field.
Supermarkets and other businesses accept BTC and other cryptocurrencies, but large-scale crypto-powered real estate transactions remain a mystery in Venezuela.
According to Amando, the house is a mansion owned by the brother of the founder of domestic banking giant Banesco. According to the media outlet, the property has a commanding view of the capital, Caracas.
It was listed for $26 million earlier this year and includes 14 bedroom suites, 20 bathrooms, a bar, an elevator, a cinema, a chapel, a gym, a hair salon, a massage room, a swimming pool, tennis and basketball courts, parking for 12 vehicles, and 15,000 square meters of land.
