South Africa Launches Compliance Process for Buying Real Estate with Bitcoin and Ethereum
According to ChainCatcher, Schindlers Digital Assets has partnered with Schindlers Attorneys and Broll Auctions and Sales to develop South Africa’s first legally compliant process that enables cryptocurrency holders to purchase real estate with Bitcoin or Ethereum.
Schindlers Digital Assets is a financial services provider that provides cryptocurrency conversion services in compliance with financial regulations, specifically for cryptocurrency holders in South Africa.
The partnership sees Schindlers Attorney handle the legal property transfer process, while Broll Auctions handles the real estate auction.