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US property listings indicate readiness to accept cryptocurrencies as mode of payment

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Owners of global luxury properties are increasingly showing their willingness to accept cryptocurrency as a mode of payment for their homes as prices of alternatives to fiat money have soared in recent years, according to agents.

About 14 out of every 100,000 property listings in the US accept digital currencies as payment, according to Marc von Grundherr, managing director at London-based property agency Benham and Reeves.

“It’s certainly becoming more popular in the sense that there are some buyers utilising it as a pathway to purchasing a property,” said von Grundherr. “We’re now seeing a small number of mortgage lenders, banks and agents also starting to accept it as either payment or proof of financial stability.”

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