Venezuela’s Most Expensive House Put up for Sale at $20m, Owner Will Accept Crypto
Source: Wit/Adobe Venezuela’s most expensive house has been put up for sale – and its vendor is willing to accept payment in crypto. Tokens are widely accepted as a form of payment throughout the Latin American nation, but the sale of the $20 million property would be a major landmark for crypto adoption in the country. The nation’s government – which is thought to have considerable bitcoin (BTC) and ethereum (ETH) reserves – has pushed the idea of a crypto-powered economy. It has also launched its own oil-backed coin, named the petro (PTR), partially in a bid to circumnavigate international sanctions imposed upon it by the USA and its allies. Many state-owned organs also operate crypto mining operations. But should a buyer decide to pay in crypto for the property, it would be a major turning point for crypto&rsquo ;s cause in the private sector – with most adoption-related breakthroughs thus far taking place in the remittance ...