Isle of Man firm to launch 250 million-pound Dubai property priced in bitcoin

NEW YORK (Reuters) – The Knox Group of Companies, with headquarters in the Isle of Man, announced late on Tuesday it will launch a residential and commercial property development in Dubai valued at 250 million pounds ($325 million), with residences that can be purchased in the digital currency bitcoin.

from Reuters: Technology News http://ift.tt/2f1OpPn
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China’s Fosun invests in local version of bitcoin tech blockchain

BEIJING (Reuters) – Chinese conglomerate Fosun Group has made a foray into blockchain with an investment in the Shanghai startup behind Onchain, a local version of the much-hyped technology that underpins virtual currencies such as bitcoin.

from Reuters: Technology News http://ift.tt/2wDorvl
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