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 realized by the Turkish firm 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 make sales via Bitcoin, which has recently attracted the interest of Turkish investors with its latest value route, considering that we can also attract the interest of our customers who appreciate their investments such as this”, adding that”digital money has turned into an element that can no longer be ignored for the global economy. The most remarkable progress in these digital monies was the fact that BitCoin provided technical infrastructure stability and consciousness, and the Turkish investor was rightly interested.”

Daldaban has sought to assure prospective investors, saying that”bitcoin is independent of financial 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 isn’t regarded as electronic money according to Turkish laws,”and thus its own surveillance and oversight aren’t feasible within the framework 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 alternative spending methods, such as bitcoin, ethereum, and ripple, for illegal gaming activities” as part of an initiative designed to crackdown on black market gambling and bitcasino rating. During August of this past year, Turkey’s only bitcoin market, BTCturk, announced that it would cease operations because of its inability to find a banking partner — suggesting that despite bitcoin’s legal status within Turkey, national financial institutions are reluctant to associate with cryptocurrency businesses.

The MiaVita Beytepe project unites a number of properties that are up-market which have been listed for sale in exchange. Throughout last week, a house in Austin, Texas was sold in exchange for bitcoin. Last 18, A London house was listed with a minimum asking price of 500 bitcoins for sale. At the start 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 apartments set to become the first properties in Dubai’s Science part to be priced and sold in exchange for a cryptocurrency settlement. This season has seen two properties located in the Canadian city of Coquitlam listed for sums of bitcoin, despite outside of property regulations and fund.

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

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