Chile conducted first real estate purchase for bitcoin
A realtor claims that such deals will become common practice in the future

26.02.2022 - 07:00
583
1 min
0
What’s new? Chile has seen its first real estate purchase transaction for bitcoins. Ben Haym, regional manager of the real estate firm Remax, has taken a positive view of the trend. He thinks that such deals will become common practice in the near future, Meganoticias reports.
What similar deals have been done before? Chile is not the first country in Latin America to buy real estate for bitcoin. The first purchase was made in Venezuela in August 2021, when an apartment was bought for $12 000 in the form of BTC.
It was also reported that the Colombian real estate company La Haus closed the sale of the apartment at the end of February, they received 2,45 BTC (about $98 000) from the buyer. A similar deal also took place in the USA, the state of Florida, only this time the house was auctioned off as an NFT, bidding started at $650 000. The token contained documents proving ownership of the real estate.
Useful material?
Crypto regulations
Under the new law, no cryptocurrency reserve can be created at the state level
Jun 11, 2025
Mining
This is the 300th block mined within this pool
Jun 5, 2025
Incidents
The marketplace started operating in 2022 and allowed trading in stolen personal data
Jun 5, 2025
Incidents
Hackers laundered assets using Tornado Cash, Thorchain, and Wasabi mixers
Jun 2, 2025
Market
After June 30, fines and prison sentences will be imposed for violating the rules
Jun 2, 2025
Crypto regulations
He also stated the country’s aspiration to become a Eurasian IT hub
May 29, 2025