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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
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Spanish Real Estate Agency Begins Accepting Bitcoin Payments for Properties in the Canary Islands

Spanish Real Estate Agency Begins to Accept Bitcoin Payments for Anyone Interested in Buying Properties in the Canary Islands

Crypto adoption keeps spreading among the real estate industry in Europe, specifically in Spain. Recently, a leading agency in the Canary Islands announced it would start accepting cryptocurrency payments.

Firm Praises Bitcoin’s Decentralized Nature

According to Digital Sevilla, Piso Barato Inmobiliaria, a Tenerife-based real estate firm, has enabled the feature that allows customers to acquire properties by paying with bitcoin (BTC).

Although they mentioned the word “cryptocurrencies,” the firm talked mostly about BTC throughout the announcement.

Piso Barato Inmobiliaria argues that a group of experts stated that bitcoin is becoming the “primary currency” of exchange globally, and thus, the firm became interested in digital assets. Future owners of properties, through the real estate agency, can purchase any property in Tenerife.

The Tenerife-based agency pointed out:

The evolution of expert agents in the real estate market has been so constant that buying a flat in Tenerife with bitcoin is currently possible. They assure that it is a positive contribution to expand the number of potential buyers internationally and give life to the sale and purchase of the real estate.

Moreover, Piso Barato Inmobiliaria praised the fact that bitcoin payments avoid tampering in the acquisition process of the properties. The agency also says that cryptocurrencies’ decentralized nature avoids any government intervention, making the process smooth.

Spanish Real Estate Agencies Keep Joining Bitcoin Adoption’s Bandwagon

Crypto payment adoption by the agency is part of a strategy to bolster a growing trend of the housing market in the islands, says the media outlet.

As news.Bitcoin.com reported on Feb. 26, another Spanish real estate platform, Idealista, listed its first-ever property for sale for cryptocurrency. The offer is entirely online, and whoever wants to buy the apartment in Barcelona must pay in bitcoin.

Although the first real estate transaction made in bitcoin in Spain happened in 2018, the firm clarified at the time that it was done “the traditional way.”

What do you think about the growing crypto adoption by the Spanish real estate industry? Let us know in the comments section below.

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