Sotheby's: Cryptocurrency is having an increasing impact on luxury real estate purchases, and regulations may allow crypto assets to be included in mortgages.

According to Odaily, Sotheby's International Realty, the luxury real estate brand under auction house giant Sotheby's, has released a report sharing the current evolution of the global luxury real estate market and the economic policies and factors that have the greatest impact on it. The report points out that cryptocurrency is having an increasingly significant influence on luxury property consumption, especially in markets such as Dubai, New York, and California. Adjustments in regulatory policies may allow crypto assets to be included in mortgage qualifications. (PRNewswire)