National Bank of Ukraine (NBU) issues warning on dangers associated with bitcoin

Another central bank has come out against Bitcoin (BTC). This time, the National Bank of Ukraine (NBU) issued a statement that informed its citizens about the usual risks of bitcoin: volatility, not guaranteed by a governmental body and potential theft involved with owning the digital … [Read more...]

Anti-money laundering legislation is deterring gold dealers from accepting bitcoin as payment

Due to the uncertainty regarding federal and state rules and regulations, precious metal dealers are cautious about accepting bitcoin as a method of payment. Industry insiders tell the International Business Times that questions over anti-money laundering legislation is a major … [Read more...]