Soon after the fall of Mt. Gox and Flexcoin, the central bank of Singapore confirmed Thursday that it will begin to regulate bitcoin "intermediaries," otherwise listed as exchanges and vending machines, in order to combat money laundering and terrorism financing. The Monetary … [Read more...]
Jack Lew warns of looming bitcoin regulations
Speaking at the World Economic Forum in Davos, Switzerland last month, United States Treasury Secretary Jack Lew warned that regulations of bitcoin (BTC) could be instituted by the federal government soon. Lew argued that authorities cannot permit bitcoin to become a tool to fund … [Read more...]
Have bitcoin speculators come back to earth or is the ‘To the Moon’ sentiment still shared
The value of bitcoin (BTC) has been subjected to both discourse and speculation. Since bitcoin made its triumphant jump from a few dollars to as high as $1,200 late last year – it's now trading at around the $650 mark – many have pondered where the price of bitcoin might be in the … [Read more...]
Dogecoin founder isn’t interested in $500,000 VC funding offer
Over the past two months, dogecoin, a cryptocurrency akin to bitcoin but is inflationary rather than deflationary, has grown in immense popularity. It has helped Olympic athletes achieve their dreams by competing in the 2014 Sochi Winter Olympic Games, while holding fundraisers to … [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...]
New York hedge fund generates $5 million in bitcoin deposits in three days, “expect to multiply tenfold”
Financial institutions across the globe are beginning to adopt bitcoin (BTC) and incorporate the digital currency into its business model. This is evident after NYSO HEDGE, a hedge fund located in New York City, announced that it has accepted approximately $5.4 million in bitcoin … [Read more...]
Poll: 76% of Americans never heard of bitcoin, 79% would never own one
With the mainstream media covering Bitcoin (BTC) on a regular basis and more and more merchants, both in-store and online, accepting the digital currency, it’s a surprise that a strong majority of Americans are still unaware of the cryptocurrency. Even if they did, though, they … [Read more...]
Dogecoin Value on the Rise: Much Coin – Such Profit – So Wow
Everyone may be talking about bitcoin and litecoin, two of the most valuable digital currencies in the cryptocurrency industry, but one new virtual currency, which is based on an Internet meme, is gaining traction. Dogecoin, established seven weeks ago, is now the fifth most … [Read more...]
Visa CEO Dismisses Bitcoin, Supports Traditional Payment Systems
To professional bitcoiners, the digital currency can be utilized as both a currency and an electronic payment system. Although finance experts and technology entrepreneurs in Silicon Valley aren't very interested in virtual currency, they do see it as a fierce payment technology … [Read more...]
This is What it Sounds Like When You Send Bitcoin Over Radio
Bitcoin (BTC) continues to make headlines as numerous entities experiment with the virtual currency. The latest to try out something completely new was CBC, which could very well go down in history as the very first public radio station to transmit digital currency over radio … [Read more...]
