Chinese Can Buy Property Using Bitcoin
: Bitcoin Developments, Bitcoin News : Written by admin : 11-11-2013
Bitcoin Spreads to Real Estate in China One billion people in China have a new payment option when purchasing real estate: Bitcoin. KapronAsia is reporting that the giant Shanda Group, through its real estate development arm, is accepting Bitcoin as payment for apartments in its Zhangjiang Hi-Tech park project. From the article: “Bitcoin acceptance in China has now extended into real estate with a residential developer in Zhangjiang Hi-Tech park in Shanghai finding a new way to promote sales through the acceptance of Bitcoin virtual currency. Shanda Group, one of the large IT giants in China, through its real estate …continue reading