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Transcripts For BBCNEWS World 20240705



on stock exchanges. the approval of the bitcoin exchange traded funds, or etfs, is seen by supporters as a watershed for crypto, giving it financial respectability and mainstream acceptance on wall street, after a string of controversies. erin delmore reports from new york. this decision was years in the making and now it will allow people and institutions to invest in bitcoin almost as easily as they buy stocks. the move could increase demand for bitcoin and legitimacy for the crypto currency industry, which has weathered scandal and scepticism. sec chair did not shy away from that in a statement saying, while we approve the listing and trading of certain ept spot bitcoin shares today, we did not approve or endorse bitcoin. he said investors should remain caution about the risks associated with bitcoin and said the crypto currency is, primarily a speculative volatile asset. while investors and crypto watchers awaited the decision, a false tweet was posted on the sec of ....

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Transcripts for BBCNEWS World Business Report 20240604 05:36:00

Company and the lucrative government contracts it has been given over the years. there is a private company at the very centre of the scandal, it is fujitsu, a £20 billion japanese firm, whose uk arm won way back in 1996 simeon contract to computerise nearly 20,000 post offices. the horizon it system rolls out three years later along its timeline but within weeks some sub both dominic sub postmaster s report problem. the post office at this point deny systemic issues. over the next decade and beyond, hundreds of branch managers are prosecuted, dozens convicted with many sent to prison, declaring bankruptcy, losing their homes and in some cases taking their own campaigners in 2009 began their official fight campaigners in 2009 began their officialfight back, getting official fight back, getting support officialfight back, getting support from some mps. pressure grows on an independent firm is appointed and paid for by the post office to review the software. it finds defects but insist ....

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