Launched the first European Investment Fund Based on Bitcoin

in #steemit8 years ago

Is to premiere, bags of Gibraltar and the German Deutsche Boerse, the first European investment fund backed by cryptocurrency the BitcoinETI. Inserted in Gibraltar Stock Exchange (GSX), a regulated market by the European Union, the Fund may be purchased by more affluent investors as the minimum order is one hundred thousand euros (168.42 BTCS at asking today, 27/07 / 2016). It will be up to the Exchange Coinbase the task to guard the bitcoins to be traded on the European Economic Area markets - currently, the space consists of 33 countries. Unlike the usual shared currency accounting system - blockchain - the settlement will occur through Clearstream or Euroclear, known settlement houses and EU custody. INVESTMENT FUNDS IN THE WORLD BTCS The announcement of Revoltura Limited, is only one among other initiatives. So far, it is known that the brothers Winklevoss expect three years ago, approval of the SEC (U.S. Securities and Exchange Commission) to launch an investment fund based in BTCS. In addition, more recently, SolidX Partners Inc. (bitcoin trading and provider of digital services) also requested authorization from the SEC to launch SolidX Bitcoin Trust on the NYSE (Stock Exchange of New York).

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May the force be with you.

I don't think I like this at all. Now it's a guaranteed centralized banking system isn't it?

Hi! This post has a Flesch-Kincaid grade level of 12.9 and reading ease of 54%. This puts the writing level on par with academic journals.