Far-out Friday: London homes purchased with bitcoin

by Ryan Smith20 Jun 2014
Two London homes are being apparently being purchased with bitcoin, according to an MSNBC report.

The homes are being sold by Cai-Capital, a Gloucestershire brokerage that says it’s the first to accept the virtual currency for a transaction.

The homes were sold for $1.7 million and $1.28 million, respectively, MSNBC reported. That works out to 2,826 and 2,103 bitcoins at a $600 value per bitcoin.

“Cai-Capital is proud to announce that we are the first UK property company to accept bitcoins and other cryptocurrencies,” the company said in a statement.

No word yet on whether mortgage servicers will start accepting payment in Coinye West.


Should CFPB have more supervision over credit agencies?