Is the sale of a $600,000 villa the largest ever Bitcoin transaction?

An anonymous buyer from Texas, US, has bought a villa in Bali for less than 1,000 Bitcoin, the equivalent of approximately $600,000.

It is believed to be the largest Bitcoin digital currency transaction to date, which has seen the purchase of a two-bedroom, two-bathroom villa.

Bank Indonesia said the transaction, made via luxury marketplace BitPremier, was legal because the property was sold in US dollars.

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