Land deal sealed using Bitcoin


Done deal: Yee (right) and Chin showing their 10 Bitcoin payment via Luno wallet.

KOTA KINABALU: While some merchants are still hesitant to accept cryptocurrency, one businessman in Sabah has signed and sealed the sale of a piece of land in Sabah’s east coast Libaran Island using Bitcoin.

The deal, worth half a Bitcoin (about RM38,000), was transacted between one of Sabah’s top tourism entrepreneurs Alexander Yee and his friend Polycarp Chin.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
News , bureaus

Next In Nation

Domino effect for Perikatan?
LHDN’s CP500 notice surprises salaried workers
Anwar: No betrayal in Madani govt, unlike PN
PM: Sceptics not privy to facts
20 charged with being Rames Gang members
Move to revive organ transplants
Spitting and littering in KL could cost you RM2,000
Muhyiddin, five state chiefs quit coalition top posts
Losing sleep over brother’s debts
Mujahid settles defamation suit against PAS out of court

Others Also Read