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September 13, 2019

Bitcoin ETF-like product just hit the market—here’s how it works

Big firms are buying into bitcoin.

A new fund from investment giant VanEck and financial technology player SolidX Management gives big-money buyers a way to invest in bitcoin, a significant step for the largely unregulated and highly scrutinized cryptocurrency market.

The exclusive over-the-counter product, which began trading last week on an alternative trading system regulated by the Securities and Exchange Commission, shares similarities with exchange-traded funds, but is not technically considered to be an ETF because it is not traded on a national exchange.

And, if you ask Jan Van Eck, CEO of Van Eck Associates and president and CEO of the VanEck [...]

 
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August 15, 2019

New BBC Language Lesson Focuses on Crypto, is it Good? | NewsBTC

The British Broadcasting Corporation has made crypto assets the subject of one of its English language classes. The decision by the UK’s national television service shows that digital currency is becoming closer than ever to normalisation in society.

As you might expect from a lesson aimed at students of the English language, the content does not exactly get to the heart of the most pressing issues in global monetary policy that might make Bitcoin attractive for some.

BBC: Teaching English with Crypto

As part of its educational service, the BBC offers lessons in various subjects for both school-aged and mature learners. The English language [...]

 
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July 15, 2019

Brazil completes first blockchain real estate sale | ZDNet

The first ever real estate transaction entirely carried out via blockchain technology has been completed in Brazil.

Local construction giant Cyrela and startup Growth Tech carried out the sale under the project Notary Ledgers, which enables users to request and track notary services in a digital environment.

The service, underpinned by IBM Blockchain technology, enabled the reduction of timescales involved in the property sale process, which usually takes about a month, down to 20 minutes.

“We have been looking for blockchain applications for the legal market for some time now. The completion of this transaction reinforces our openness to using [...]

 
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February 7, 2019

Shoppers want Amazon-brand prescription drugs, medical marijuana and cryptocurrency – MarketWatch

A new survey shows that Amazon shoppers would be open to more private-label goods from the e-commerce giant.

Consumers can buy almost anything on Amazon.com Inc., but they would like to be able to purchase more, including prescription drugs, medical marijuana and cryptocurrency, according to an Investing.com study.

Investing.com polled about 1,000 Amazon AMZN, -0.16%   shoppers, both Prime members and non-Prime members. Of the 1,013 respondents to a question asking which products and services they would feel comfortable purchasing beneath an “Amazon” brand, 36.7% said prescription drugs, 29.5% said medical marijuana, 16% said virtual doctor [...]

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