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
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.
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