One of the worldâs largest luxury real estate firms wants to help you buy a house â with crypto
Bitcoin â once warily regarded as the domain of chumps and criminals â can now buy you a house. One of the worldâs largest luxury brokerages just launched a division solely dedicated to digital currency transactions. Christieâs International Real Estate, known for its global portfolio and luxury clientele, shared the news with the New York Times this week. Its newly minted team of lawyers, analysts and crypto experts is expected to meet a growing demand for all-crypto real estate de Please follow and like
US securities regulator allows for in-kind crypto ETF redemptions
July 29 (Reuters) - The U.S. Securities and Exchange Commission will allow in-kind creations and redemptions for crypto exchange-traded products, a move that asset managers have sought since the regulator approved the first set of products tied to the spot price of bitcoin last year. The SEC had approved bitcoin and ether exchange-traded funds on the condition they provide redemptions in cash, rather than in crypto. Issuers had argued commodity ETFs typically allow for creations and redemptions in the underlying commodity, and that the crypto products should be treated similarly