Quebec Homeowner Seeks to Exchange 16-Acre Lakefront Property for Bitcoins
A homeowner in Quebec is looking to exchange his beautiful 16-acre lakefront property for $3.95 million (CAD) in bitcoins, according to an announcement made on Thursday. Located on Lake Mempremagog, the estate (called 'Le Porte Bonheur') is embellished with centennial pine trees. Under current law, the property is large enough to accommodate seven homes, should the next owner take the land development route. For those who don't, prospective homeowners can enjoy a boat house, guest house, and tennis court all on the property. The upper level of the main property includes a spacious loft....
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Red Deer, Canada-based realtor Bryce Kander is looking to sell his 3.3-acre property in an area called Gasoline Alley for $1 million. But this isn't any ordinary listing. Kander has made the decision to accept bitcoin, should a buyer be interested. The property is a two-story, 2410-square-foot dwelling with four bedrooms and two bathrooms. It the largest property available for bitcoin in Canada, and Kander says he's dead serious about accepting the digital currency, noting his intentions are anything but a gimmick. "It's for real," he said to the Red Deer Advocate. "It's not your typical....
If you operate an exchange, bitcoin automated teller machine or any other money services operation that does business with Quebec residents, you will need to comply with its updated Money Services Businesses Act regardless of where in the world you are based. This new policy document was first made public on February 1, 2015 (updated to March 1, 2015), and experts have been trying to determine what it means for bitcoin businesses both within Quebec and outside its borders. The document says that anyone offering money services (that is, currency exchange; funds transfer; issue or redemption....
Businesses operating a digital currency automated teller machine (ATM) or an exchange platform in Quebec must obtain the appropriate license from the financial regulator, the Autorité des Marchés Financiers (AMF), in accordance to the Money-Services Businesses Act. The authority, which issued a public statement on Thursday February 12, said that companies involved in trading digital currencies, or which are operating a digital currency ATM, must hold the appropriate license and be authorized by the AMF, the regulatory and oversight body for Quebec's financial industry. The AMF further....
The D Las Vegas Casino Hotel - the same property that became the world's first to accept bitcoin (back in January) - is now setting another record by installing a bitcoin ATM on the property itself. It's all happened in partnership with Las Vegas-based Robocoin, which will allow users to both buy and sell bitcoin (in other words, a two-way ATM) conveniently in the same place where they can spend those very bitcoins. Talks to arrange placing the ATM on The D's property came about shortly after January's news. Robocoin CEO Jordan Kelley met with The D co-founder Derek Stevens to make the....