Blockchain Info Launches BTC Buy/Sell in US

While users have the opportunity only to sell bitcoins, and the buying option will be available later
19 January 2018   639

One of the world's largest cryptocurrency wallets Blockchain.info launched a service for the sale and purchase of digital assets in the United States. While users have the opportunity only to sell bitcoins; the purchase option will be available later. This is reported by CNBC.

For customers of Blockchain.info from the UK similar services have been available for some time. The company's executive director Peter Smith said that the initial limited functionality in the US is due to the desire to avoid unforeseen problems when starting the service.

If we are prioritizing short-term gains, we would prioritize buy — that is what most people have done. But it's really time to make sure we nail that experience.
 

Peter Smith 

CEO, Blockchain. info

In the past, many users from the US complained of problems when working with various sites, including when withdrawing money. According to Smith, 22 million users are registered with Blockchain.info, while a million people use the service every day. At the same time, 30% to 40% of them live in the US.

Smith also added that "in a few weeks" Blockchain.info will be able to buy and sell other cryptocurrencies, not just bitcoin

Bitcoin Questions included into Dutch High School Exam

Bitcoin-themed mathematics questions have been cut-in in recent high school matriculation exams in the Netherlands
18 May 2018   99

About 200,000 Dutch students are to have taken the OVW exam, a obligatory test for students who wish to get tertiary education in the Netherlands. The testing list  included five bitcoin-themed questions.

Students were offered to solve five different mathematical problems. The questions asked that students “calculate in what year the amount of bitcoin exceeded 18 million,” “calculate from which year on the reward will be less than one bitcoin,” “determine the maximal amount of bitcoin that can be in circulation.” The resolution  of the issues was supposed to base on the formula used to employed to solve the questions.

Such kind of changes in testing for students is connected with the growing  recognition of cryptocurrency by the Holland’s institutions. In March, the Court of Amsterdam defined that bitcoin owns “properties of wealth” at the same time  adjudicating a civil rights occasion between an individual seeking repayment from an unfulfilled contract pertaining to bitcoin mining. The court ordered that “bitcoin represents a value and is transferable” and “thus shows characteristics of a property right. A claim for payment in Bitcoin is, therefore, to be regarded as a claim that qualifies for verification.”

Recently, Rob van Gijzel, the ambassador of the Dutch Blockchain Coalition, revealed a national blockchain research agenda, which had been accredited by the Dutch Ministry of Economic Affairs and Climate Policy. The ministry had established a designated committee, TopTeam ICT, appointed to analyze the potential legal, economic, and ethical implications of distributed ledger technology in the country.