Luxury Apartments in Turkey Are Available for Purchase With Bitcoin in an Effort to Capitalize Upon a Growing Interest in Cryptocurrency From Turkish Investors

The luxury apartments have been accomplished by the Turkish company Anadolu Akaryak??t ve Ticaret Ltd.. Sti, who has named the 114 apartment development the’MiaVita Beytepe’ project.

Erdal Daldaban, the »Project Management Firm owner », has enthusiastically described the foray of MiaVita Beytepe’s into electronic currency, highlighting the growing interest in bitcoin being generated among Turkish investors. « We decided to create sales via Bitcoin, which has recently attracted the interest of Turkish investors with its recent value route, considering that we could also attract the interest of our clients who appreciate their investments such as this », adding that »digital money has turned into an element that could no longer be ignored for the international economy. The most remarkable progress in these digital currencies was the fact that BitCoin provided technical infrastructure stability and consciousness, and the Turkish investor was rightly interested. »

Daldaban has sought to assure potential investors, stating that »bitcoin is independent of monetary policies that control conventional currencies and functions on its own station as it is not tied to any Central Bank. »

Turkey’s Banking Regulation and Supervision Agency Issued a Statement in 2013 Which Is Seen to Have Confirmed the Legality of Bitcoin

The 2013 release concludes that bitcoin is not regarded as digital money according to Turkish legislation, »and thus its surveillance and oversight are not feasible within the frame of the law. »

Although Turkey has not updated its official stance regarding bitcoin since 2013, Turkey’s Banking Regulation and Supervision Agency announced that it would seek to »prevent the use of other spending techniques, such as bitcoin, ethereum, and ripple, for illegal gambling activities » as part of an initiative designed to crackdown on black market gaming and best bitcoin casino usa testimonials . During August of last year, Turkey’s sole bitcoin exchange, BTCturk, announced that it would cease operations because of its inability to find a banking partner — indicating that despite bitcoin’s legal status within Turkey, domestic financial institutions are hesitant to partner with cryptocurrency businesses.

The MiaVita Beytepe project joins a range of up-market properties that were listed for sale in exchange. In exchange for bitcoin, a house in Austin, Texas was sold during last week. A 18, A London home was listed for salebetcoin rating At the beginning of the month, Michelle Mone and Douglas Barrowman announced plans to market 1,133 Dubai apartments in exchange for bitcoin, in partnership with Bitpay and Knox Group, with the 40-storey tower flats set to become the first properties in Dubai’s Science part to be sold and priced in exchange for a cryptocurrency settlement. This season has seen two properties located in the city of Coquitlam listed on Hong Kong’s Craigslist in exchange for amounts of bitcoin, despite cryptocurrency existing outside of fund and property regulations.

Would you consider purchasing or selling property in exchange for bitcoin or other cryptocurrencies? Share your thoughts in the comments section below!

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