Sotheby’s says it will accept cryptocurrency for rare 101-carat diamond

Sotheby’s has announced it will accept cryptocurrency as payment for a rare 101-carat diamond expected to fetch up to £10.7 million (Sotheby’s/PA)

Sotheby’s says it will accept cryptocurrency as payment for a rare 101-carat diamond expected to fetch up to 15 million dollars (£10.7 million).

The world famous broker said it was the first time a stone of such value had been offered for purchase by cryptocurrency and hailed the move as a “significant moment in the evolution” of the market.