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Famous Israeli-American musician accepts cryptocurrency payments for his house sale

The famous Israeli-American musician, Gene Simmons, has announced that he will accept cryptocurrency payments for the sale of his $13.5 million property in Las Vegas.

According to Blabber Mouth, a hard rock news website, the bassist and co-lead singer of Kiss will accept payments in Bitcoin, Ethereum, Litecoin, Uniswap, Polkadot, Aave, or “Try.Finance”.

In a recent interview, listing broker Evangelina Duke-Petroni of Berkshire Hathaway Home Services told the Las Vegas Review-Journal that any possible cryptocurrency payment for the home would have to be “verified through closing charges, including taxes and commissions.”

The three-story home in the Ascaya luxury enclave overlooks the Las Vegas skyline and spans over 11,000 square feet.

Although Duke-Petroni could not disclose any further details, she specifically stated that the property would be “paid in a currency recognised by traditional standards.”

The rocker has also revealed that he owns $300,000 in Ether (ETH) and $300,000 in Binance Coin (BNB). Some members of the crypto community questioned Simmon’s quick crypto endorsements.

Simmons paid $10.8 million for the property in May 2021, then listed it for $14.95 million in October, less than a year later.

Before him, the famous French DJ David Guetta offered his luxurious $14 million Miami Beach apartment for sale in June 2021, accepting payments in BTC and ETH at the time.

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Jeewan Singh
Jeewan Singh
Jeewan Singh is CryptoShrypto’s content writer and a seasoned writer with over two years of experience in writing about Indian Securities Market. Jeewan's participation in Blockchain and Cryptocurrency started in late 2020, and he hasn't looked back since. The technical and economic outcomes of cryptocurrency are what spark his curiosity, and he keeps one eye on the market.
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