Weekly News: Real Estate, Crypto & Events in February
Company News | Join our Event in Cyprus on March 3
XEROF and the University of Nicosia will be partnering for the "Crypto, Law & Real Estate in Cyprus" event. The seminar will be held on Friday, March 3rd, 2023, at 15:00 (EET) in the UNESCO Amphitheatre at the University of Nicosia. This is an in-person event, but those who cannot make it on the day will also have the opportunity to register and join by streaming the event.
The event will focus on the use of blockchain technology to streamline the process of buying and selling real estate in Cyprus. The conference will provide an excellent opportunity for lawyers, accountants, investors, and others to explore the use of blockchain technology in the real estate industry, and discuss its impact on the sector in 2023 and beyond.
On the agenda, users can expect a welcome coffee to kick off the seminar with a greeting and introduction by Professor Soulla Louca, Head of the Department of Digital Innovation, University of Nicosia.
Marc Taverner, XEROF's COO, is one of the keynote speakers at this event and will be discussing how XEROF services can facilitate real estate purchases with crypto in Cyprus. He will also be moderating a discussion panel later at the event.
With a wide range of expert speakers from across the industry (see the full agenda here), participants will gain a deep understanding of the latest trends and innovations in the field and will be able to network and exchange ideas with like-minded professionals.
Last Call | Conference in Lisbon Feb 28
The event takes place in Lisbon next week on Tuesday, February 28th, and kicks off at 16.30 WET. Participants can look forward to welcome drinks, a one-hour conference, plus networking, and a post-conference discussion.
The spaces are limited, so reserve your spot online today!
We hope you can join us for what will be a very interesting and informative evening! Should you have any questions, please feel free to contact us!
Real Estate News | Manhattan's Luxury Real Estate Market Reports Best Week in a Year
Mansion Global recently reported that since last week, Manhattan’s luxury residential real estate market has been warming up, stating:
“There were 31 properties priced at $4 million or more sold in the week ending Sunday, six more than the previous week, according to Monday’s report from Olshan Realty.
Last week, 21 condos went into contract, compared to seven co-ops, the report said. There were also three condops in the mix, but no townhouses changed hands. The total sales volume for the week was $272.22 million. “
It is also interesting to note that one trend that has been reported since the pandemic is that buyers are now searching for somewhere where there is a strong sense of community. As a result, luxury real estate buyers are now starting to demand additional social facilities such as co-working spaces, inviting lounge rooms, and other living areas to connect with neighbors.
In addition, Realtor Magazine also reported that wealthy buyers are using margin or stock portfolio loans and private bank loans and that cash transactions are likely to increase in the future.
Crypto News | Hong Kong Could Set the Next Bull Run in Motion
A new Bitcoin bull market could be triggered by the emergence of Hong Kong as a major center for cryptocurrencies. According to a report by Bitcoinist, cryptocurrency exchanges in Hong Kong can apply for a Virtual Asset Service Providers (VASP) license to do business in the Chinese special economic zone legally.
Recently, the Hong Kong Securities and Futures Commission announced its intention to permit both retail and institutional investors to trade cryptocurrencies such as Bitcoin and Ethereum.
For the Bitcoin and cryptocurrency markets, Hong Kong's reopening means the possibility of significant new capital inflows. After New York, London, and Singapore, Hong Kong is the fourth largest financial center in the world.
Although self-storage has yet to be allowed in Hong Kong, the influx of capital is expected to be very beneficial for the Bitcoin and cryptocurrency markets. After all, it was not long ago that China accounted for most cryptocurrency trading volume.
Are you looking to buy and sell cryptocurrency online 24/7? XEROF offers a reliable and user-friendly platform for doing just that. With deep liquidity, excellent security and reliability, it's a top choice for traders and investors looking to enter the world of crypto.
Should you have any questions, contact us. Our high-professional team is always happy to help you.
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XEROF is a Swiss-licensed Crypto Gateway that offers exchange services for customers who possess crypto wallets and want to use them as fiat currency to purchase real estate properties and luxury goods.Learn more about XEROF