CRYPTO PROPERTY
·
SUBSCRIBERS

Thailand's The Strand accepts crypto as payment but others see limited prospect in property deals

Proponents of digital payment tokens hope to establish nascent crypto-property market in S-E Asia. But it might not come to Singapore just yet, with cryptocurrencies whipsawing in prices in a regulatory grey zone

Fiona Lam
Kelly Ng
Published Tue, Jun 8, 2021 · 09:50 PM

    Singapore

    DESPITE its volatility, cryptocurrency is becoming an alternative way for consumers to make purchases in South-east Asia, from food and coffee to luxury cars. But properties?

    Just last month, Singapore-based digital exchange Zipmex partnered Thai luxury developer One.Six Development to facilitate crypto payments for a 188-unit condo in Bangkok.

    Copyright SPH Media. All rights reserved.