Buyers need Bitcoin for £17m home

20th October 2017

A Notting Hill mansion is set to go on the market this month but owners of the £17m-valued home will not accept cash, insisting that buyers will have to use the Bitcoin digital currency. Lev Loginov, co-founder of property investor London Wall, which bought the property in 2013, hopes to pioneer Bitcoin deals in Britain. Pointing to the appeal of the cryptocurrency, he voices a belief that it is “really going to change how real estate transactions are conducted.” The Standard notes that while other sellers have said they are willing to accept Bitcoin, this is the first where it is the only payment method the seller will deal in.

Evening Standard (13/10/2017