According to PANews, Spanish proptech company Enlace has reported a significant increase in real estate transactions using cryptocurrency as a payment method this year. The company attributes this rise to the advantages of faster fund transfers and cost savings compared to traditional international bank transfers. This trend is particularly noticeable in major cities such as Barcelona, Madrid, and Valencia, where cryptocurrency transactions account for 60% of all industry transactions. Enlace anticipates that by 2024, approximately 6% of real estate transactions will involve cryptocurrency payments.
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