Southern California

Caruso Properties Tenants Can Now Pay Rent With Bitcoin

Caruso Properties Tenants Can Now Pay Rent With Bitcoin
Bitcoin medals in Washington on June 17, 2014. Karen Bleier/AFP via Getty Images
Lynn Hackman
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Los Angeles-based Caruso Properties is now allowing its tenants to pay rent with Bitcoin cryptocurrency. It’s the first to adopt the technology in the real estate industry, accepting Bitcoin for both residential and retail rents.

Caruso Properties, one of the largest real estate and hospitality companies in the United States, has partnered with Gemini, a cryptocurrency exchange and custodian headquartered in New York.

Lynn Hackman
Lynn Hackman
Author
Lynn is a reporter for the Southern California edition of The Epoch Times, based in Orange County. She has enjoyed a 25-year career as a senior-level strategic public relations and contingency planning executive. An editor, blogger, and columnist, Lynn also has experience as a television and radio show producer and host. For six years, she was co-host of Sunday Brunch with Tom and Lynn on KOCI 101.5 FM. She is also active in the Newport Beach community, serving as chair emeritus of the Newport Beach City Arts Commission, among various positions with other local organizations.
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