Well, there first has to be a process to get your money clean enough to buy real estate. You can't buy a house with bitcoins or a suitcase full of cash without raising a lot of suspicions.
Source: I just bought a home in Los Angeles. I expected I'd have to compete against all-cash offers; I did not think I would have to be competing for a home against all-bitcoin offers. Many brokerages from my anecdotal experience will gladly accept Bitcoin. (I have no stake in crypto in any capacity, just thought it's worth sharing, since it surprised me)
https://themillergroup-bcb.com/buy-with-bitcoin https://www.dirt.com/gallery/moguls/power-players/crypto-bil...
In Washington State every attorney is automatically a licensed escrow agent. I believe this is the case in many/most states. [*] They certainly aren't the cheapest escrow agents, but there are enough attorneys that you simply need to work your way down the list until you find one that handles bitcoin. There are a lot of fish in this ocean, and they like getting paid.
This advice applies to pretty much any "$BIG_ESCROW_COMPANY won't do XYZ for irrational reasons" problem.
[*] in fact, technically it's the other way around: WA escrow agents are licensed as "limited practice attorneys" who are only allowed to practice one very narrowly-defined type of law: escrow arbitration.
https://www.wsba.org/for-legal-professionals/join-the-legal-...
Lawyers, Accountants, Real Estate Agents are all exempt from having to report anything suspicious involving property.
Since year 2006 the govt keeps promising (but failing to actually implement) AML legislation therefore continue allowing these 3 gatekeeper professions to facilitate laundering of untold illegal $billions into property which helped us continue to break annual house price sales records for 20+ years and achieve eye watering house prices (currently over 10x the average annual gross wage to purchase an average house and yet prices still rising rapidly)
[2021] https://mlexmarketinsight.com/news-hub/editors-picks/area-of...
[2020] https://www.michaelwest.com.au/money-laundering-bill-finally...
[2016] https://youtu.be/otWm4yh7Rh4
[2015] http://www.fatf-gafi.org/media/fatf/documents/reports/mer4/M...
I'm not sure of current statistics, but IIRC around year 2015 foreign property purchases in the state of Victoria were approaching 20% of all sales.
Of course not all that was using laundered money, but it would have been nice to remove the market distortion of 22-year olds rocking up late to an auction in their Merc and bidding $100k or more over the current bid to easi!y win (waaay more than needed to actually win)
Who knows if that’ll change https://www.mccarthy.ca/en/insights/blogs/techlex/canadian-a... or more broadly, https://www.iisd.org/itn/en/2021/06/24/the-end-of-tax-incent...