Real Estate firm Sansiri Pcl is partnering with XSpring Digital to accept cryptocurrencies as payments for housing at its projects.
Digital currencies, including Bitcoin (BTC), Ethereum (ETH), USDC and USDT, can be used to pay for common fees as well as central management fees through Bitazza, a Thai digital currency broker.
While foreigners are not allowed to purchase real estate with cryptocurrencies at present, Sansiri will allow it once it gets the green light from regulators.
“The strength of Sansiri is that it is the highest revenue earner in the real estate market with 34.7 billion baht collected through project developments worth 100 billion baht and more than 100,000 people in its customer database,” said Srettha Thavisin, president and…
