Bitcoin
Rapper Liroy – Piotr Krzysztof Marzec Invests in Blockchain
The Blockchain Economy Summit, the world’s largest blockchain conference, was held in London on February 28th, providing a platform for companies to showcase their innovative products to a global audience. Rapper Piotr Krzysztof Liroy-Marzec, who invests in HUBBURGER.com -first global medical cannabis ecosystem, explained his hard work to CoinReporter.
During the summit, LiRoy discussed the future of Bitcoin and the importance of blockchain technology. He noted that the blockchain is the future for many things, including medicine, and emphasized the need for educating people about it. LiRoy compared the medical cannabis world, which he was instrumental in legalizing in Poland, to the blockchain world. He believes that education is essential for people to understand and benefit from these emerging industries.
LiRoy also shared his enthusiasm for blockchain’s potential for the music industry, specifically regarding royalties. He believes that the blockchain is the future for digital royalties, eliminating the need for intermediary organizations and providing transparency. He mentioned a project with his friends from Poland, Germany, and the US, where they aim to change the thinking around royalties.
In addition to investing in Hubburger.com -first global cannabis ecosystem, Piotr’s company, also educates people about medical cannabis and offers products related to the medical cannabis industry. HUBBurger has plans to open a TV channel in the UK and expand globally to educate people about medical cannabis and offer related products.
LiRoy hard work and investments in the blockchain industry reflect his passion for education and innovation.
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. CoinReporter.io and EUReporter.co does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Bitcoin
Bitcoin exchange-traded products begin trading on the London Stock Exchange
The UK’s Financial Conduct Authority gave the go-ahead for the first bitcoin exchange-traded products (ETPs) to trade on the London Stock Exchange. WisdomTree and 21Shares, two asset managers, both put Bitcoin ETPs on the LSE today.
Just last week, the FCA said that Bitcoin ETNs could be added to the market. This allowed issuers who had been waiting for regulatory approval to bring Bitcoin ETNs to the LSE to start them today.
All of the ETNs give investors a way to bet on the price of bitcoin. At the moment, FCA rules say that only professional buyers can get to them. Alex Pollak, head of UK for 21Shares, said, “But the game-changer in the UK will be when the retail ban is lifted. Right now, there is a retail ban on trading bitcoin and ether ETNs.”
The launch today is a big step forward for both Bitcoin usage and London’s plans to become a centre for digital assets. There are already controlled bitcoin funds in the US, Europe, and Hong Kong, which puts pressure on the FCA to catch up.
Ophelia Snyder, co-founder of 21Shares, said, “The UK is one of the deepest and most liquid capital markets in the world.”
In order to open its market, the FCA is doing it in stages. Professional investors can now buy bitcoin ETNs on the London Stock Exchange (LSE), giving them their first controlled access to crypto assets.
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