Auction House Phillips to Sell Banksy Painting for Cryptocurrencies
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7 June
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British auction house Phillips plans to sell artist Banksy's "Laugh Now Panel A" for Bitcoin or Ether.

The painting depicts a monkey with sandwich sign that reads "Laugh now, but one day we'll be in charge."

The work has an estimated value of between $2.8 million and $4.1 million.

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The auction will start in Hong Kong on June 8. Transactions will be conducted in Hong Kong dollars and the winning bidder will even be able to pay with cryptocurrencies.

Phillips has added digital assets as a payment method due to growing customer demand. Its competitors have already started accepting cryptocurrencies.

Earlier, auction house "Sotheby's" put Banksy's artwork "Love is in the air" up for auction for Bitcoin. The lot was sold for $12.9 million.

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