Exchange virtual money
New York’s powerful banking regulator announced Thursday its first license for a Bitcoin exchange, extending its influence over the growing but little-regulated virtual currency industry. New York City-based itBit Trust Co. was the first company dealing in so-called crypto-currency to receive a trust license from the state Department of Financial Services (DFS). ItBit immediately announced it was accepting US retail and institutional Bitcoin trading customers, and said it had recruited to its board the former chair of the Federal Deposit Insurance Corporation, Sheila Bair. Benjamin Lawsky, superintendent of the DFS, which supervises the massive New York City banking industry, said it was “critical” to regulate the virtual money industry in […]
Four Season in the sky by 2016
Four Seasons has just revealed its completed private jet that it announced last year. This Boeing 757, equipped with a Rolls Royce motor, has seats for 52 passengers and has been luxuriously customized by a host of designers. The reclining white leather seats were handcrafted by Italian VIP aircraft seating manufacturer Iacobucci. The blankets are made from soft Mongolian cashmere and were commissioned exclusively for the plane. Beneath your feet, a bespoke hand-woven woolen carpet made in Amsterdam. The crew is made up of ten people, including an Executive Chef, a Sous Chef, a Four Seasons Concierge and a Global Guest Services Manager. “Our aim is to recreate the hotel […]