Tag

policy

Crypto 2.0 Roundup: Kickstarting Colored Coins and a Public Policy Push

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At a time when many bitcoin sectors are struggling, 2015 began with an outpouring of interest and show of strength for the crypto 2.0 community.

CoinDesk profiled a number of the promising projects , naming 19 to watch in the year ahead, but as our readers showcased, there remain many more that have garnered enthusiastic communities for their efforts.

However, while development continues on many exciting projects, a few notable names have so far used 2015 to […]

Weak Bitcoin Values Force CEX.IO to Suspend Cloud Mining Services

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CEX.IO, one of the leading bitcoin exchanges and cloud mining service providers, has announced the temporary suspension of its cloud mining services .  They can attribute this policy change to the sudden and drastic drop in bitcoin value in the past weeks .  The suspension is set to begin at the next bitcoin mining difficulty increase and it is unclear how long the suspension will continue.

Jeffery Smilth, Chief Information Officer of CEX.IO, stated that […]

Coinbase Updates User Agreement to Access Customers’ Credit History

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Coinbase has updated its User Agreement to allow the company, either directly or through third party intermediaries, to collect credit histories from its 1.9 million users.

The new terms in the second paragraph read as follows: “You hereby authorize Coinbase to, directly or through third parties, (i) Make inquiries we consider necessary to verify your identity and/or account information and (ii) request and obtain any consumer report, credit report or similar information relating to you […]

ShapeShift Releases New Tool Allowing Merchants to Accept Payments in 10+ Cryptocurrencies

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ShapeShift Releases New Tool Allowing Merchants to Accept Payments in 10+ Cryptocurrencies ShapeShift releases the Shifty Button, a tool allowing online merchants to start accepting payments in 11 different cryptocurrencies, including Bitcoin and leading altcoins Litecoin, Dogecoin, and Darkcoin.

The Shifty Button is a free and simple HTML code, which can be placed into any payment page. When added to a website, users are then given the ability to deposit any of the altcoins supported […]

Coin Center Launches its Website

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Education and research institution Coin Center has launched its website.  Its focus will be policy issues relating to bitcoin and cryptocurrency.

The institution states on its homepage:

“Think of us as a think tank for blockchain technology.  Our mission is to build a better understanding of the technology in order to promote a regulatory climate that preserves maximum freedom of action for digital currency innovation.  We are not a trade association or an industry group.  Our […]

Think Tank Launches To Educate Lawmakers and the Media on Blockchain Technologies

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Coin Center In September, Coin Center announced that they were launching a blockchain-technology think tank with a $1 million budget . Tuesday, they kicked off the website, which includes a number of resources.

The think tank, which they call “ a new voice for Bitcoin ,” is dedicated to spreading knowledge about cryptocurrency technologies. Coin Center runs under the vision of Executive Director Jerry Brito, who left his position as senior research director at Mercatus […]

Coin Center Unveils Bitcoin-Focused Public Policy Website

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Coin Center, a non-profit research and advocacy centre, announced today the launch of its new website that offers educational resources and detailed information about the organisation.

The group focuses on the public policy issues facing cryptocurrency technologies such as bitcoin. It provides updates on advocacy efforts, publishes policy research and serves as a resource for education on digital currencies as well as a repository of policy research from various respected academics and experts.

CoinCenter.org has […]

LazyCoins Launches… Again

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Altcoin exchange LazyCoins is re-launching with a new mobile payments and merchant services app.

In a growing world of digital currency, LazyCoins is looking to compete with the likes of bitcoin conglomerate BitPay and fight for its place in the virtual payments universe.

Founder Danial Daychopan commented on the decision to re-launch, and what users can expect from the trading platform now that it’s been set on a new path:“LazyCoins itself was actually announced to the […]

ChangeTip Brings Bitcoin Tipping to Social Media Cynics

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Bitcoin micropayments startup ChangeTip has introduced a new feature that lets users make tips without a social media account.

Currently, ChangeTip users can tip one another via accounts linked to their social networks, including Twitter, Reddit, Tumblr and GooglePlus. However, One Time Tip Link now allows users to send bitcoin tips directly to a person’s email address, using a one-time link. Email or text tips

In fact, the recipient does not even have to have an email, as […]

The Bitcoin Foundation Dismisses Jim Harper from his Position as Global Policy Counsel

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According to a report published in the New York Times Jim Harper whose was appointed as the Bitcoin Foundation’s global policy counsel last March has been dismissed from the post. The portal informs that Mr. Harper’s last day was Wednesday, though he received notice of the foundation’s decision shortly after Thanksgiving.

Regarding the dismissal Patrick Murck, the executive director of the Bitcoin Foundation said that the organization is changing direction a little bit here and […]

LazyCoins Launching LazyPay Mobile Wallet and Merchant App for the Point-of-Sale Bitcoin Market

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UK-based altcoin exchange LazyCoins has announced they are relaunching their online exchange, along with a mobile app for payments and merchant services. Aiming to expand their services to include mobile payments and merchant services, LazyCoins will be moving into direct competition with industry leaders BitPay and CoinBase’s own merchant apps.

LazyCoins is entering the fight to provide merchant services in the digital currency world. This was one of the growing trends at the end of […]

Study: How Bitcoin Could Transform Personal Insurance

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A new paper explores how Bitcoin could transform the way we manage personal life insurance. Namely, the blockchain could provide a global, secure and public record of personal health information.

In a 51-page report , the research group Long Finance described a range of potential areas where the blockchain could come in handy in the insurance sector. The London-based initiative “holds hope” that these applications could aid consumers. From August to November, the Z/Yen Group […]

Cody Wilson Speaks Out on Campaign to Dismantle Bitcoin Foundation

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Anarchist activist Cody Wilson has officially launched his candidacy for the upcoming Bitcoin Foundation board elections, and reaffirmed his intention to try and disband the organization from within if successful.

Wilson nominated himself with a post on the foundation’s forums on 20th December and has also launched a website  to support his campaign.

A staunch opponent of bitcoin regulation or centralization, Wilson is also best known for co-founding Defense Distributed , a donor-funded nonprofit organization that […]

Greece at a financial cross-roads and a practical solution could be Bitcoin

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Political instability in Greece could elect an anti-austerity party in the coming weeks, looking for new financial solutions, perhaps Bitcoin. With a weakened economy and risk of exit from the euro-zone, the Greek party needs new economic policy to solve the country’s deficit.

In the last 24 hours, Greek MPs have rejected the government’s presidential nomination triggering a new round of parliamentary elections, likely to bring the left wing to power. The coalition of radical […]

‘Star Trek’ Will Be in ‘Star Wars’ in 2015

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This will not happen next year. Photographer: Ezra Shaw/Getty Images” src=”http://media.gotraffic.net/images/iCMjbI3vm5KU/v3/620×349.jpg”> This will not happen next year. As 2014 draws to a close, I offer my predictions for the new year. Some are serious, some are whimsical, most are heartfelt. They are not listed in order of importance.

* * *

In 2015 …With the help of U.S.-led coalition attacks on Islamic State, the Syrian regime of Bashar al-Assad will survive another year. To his east, […]

Cryptocurrency Exchange LazyCoins Isn’t Lazy About Security

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With new altcoins created every week, the demand for secure platforms to trade digital currencies has also grown. And LazyCoins has its eyes set on being an industry innovator. As a new exchange, LazyCoins’ main priorities are to make cryptocurrency trading easier and more secure, while providing new and innovative ways to trade.

Speaking on the security of the platform, Danial Daychopan, founder of LazyCoins, stated, Digital currency needs to be protected like cash. The […]

Cornell Professor Challenges ChangeTip

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Emin Gün Sirer , the Cornell professor who recently said that ChangeTip needed to die a quick death has returned to the offensive on the issue of privacy. ChangeTip CEO Nick Sullivan recently criticized Sirer´s statements saying that it felt “like a charity being yelled at”. What Sullivan did not do though was to explain how ChangeTip could even remotely be considered a “charity”.

Sirer points out that not only is ChangeTip a for profit corporation […]

Anthony Di Iorio: ‘The Time has come for me to focus on my Businesses’

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Anthony Di Iorio, the founder of the Bitcoin Alliance of Canada (BAC), has resigned from its position as Executive Director and member of the Board to focus on his businesses. He will continue to help support the organization in an advisory position.

"I believe I’ve done my share of community building over the past 2 years with the BAC and doing the weekly Toronto Bitcoin Meetups, which I’ll be continuing," said Di Iorio in a […]

[33] US economy not so strong and Bitcoin looking “bubblicious”

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SUBSCRIBE for Latest on BITCOIN / ECONOMY / USD COLLAPSE / AGENDA / ELITE / NEW WORLD ORDER us Economy Not So Strong and B. Warren Mosler is the author of …

Warren Mosler is the author of "The 7 Deadly Innocent Frauds of Economic Policy"…and he is not as upbeat about the US economy as other forecasters. He sees…

[33] US economy not so strong and Bitcoin looking "bubblicious"[33] US economy not so strong and […]

Reserve Bank Governor: India “will adopt digital currencies at some point”

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The Governor of the Reserve Bank of India has said he has “no doubt” that digital currencies will play a role in India’s future society. Drawing a comparison between the rise of debit and credit cards in the country, the Governor argues digital currency will help pave the way to a cashless society.

Speaking during a wide-ranging TV interview in New Delhi, Reserve Bank Governor Raghuram Rajan made his first comments on Bitcoin and the […]

Russian Ministry Questions Proposed ‘Quasi-Money’ Ban

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Politicians rarely think about the long-term implications of policy proposals and nowhere is this more evident than in the Russian Federation.

Vladimir Putin’s policies have turned the Russian economy into a shambles and the icing on this particular cake may well be his policies concerning virtual currencies, according to Russia’s Ministry of Economic Development.

Putin recommended last March that “cash equivalents” be banned under Russian law. The Ministry of Finance (MinFin), Russia’s Central Bank and the […]

Epicenter Bitcoin Ep. 58: Vitalik Buterin on Proof-of-Stake and the Future of Crypto-Economics

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Epicenter Bitcoin "With Bitcoin, we’re paying $600 million a year on a 5-of-10 multisig." In the latest episode of Epicenter Bitcoin , our guest was a man who needs little introduction in this community, Vitalik Buterin. We were very excited to finally have him on the show and go deep in some of Bitcoin’s most crucial issues. Having covered Ethereum at great length in previous episodes with Stephan Tual and Gavin Wood, we wanted […]

Bitcoin Is (Still) Not Doomed

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by John Light

Washington Post columnist Henry Farrell has just added himself to the Nakamoto Institute’s running list of skeptics making bold assertions about the certain demise of Bitcoin. In a post entitled “ Bitcoin’s financial network is doomed ,” Mr. Farrell demonstrates his short-sightedness in the face of Bitcoin’s subtlety and allure , perhaps as a cunning-though-not-so-original means of acquiring cheap coins for himself. Regardless of his motivations, I couldn’t resist a full rebuttal, […]

CoinJar Relocates to United Kingdom, Partly in Protest of ATO Guidance

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CoinJar , Australia’s well-known digital currency services company, announced on Monday that they’ve relocated their company headquarters to London’s financial district in a move that hopes to expand the company’s operations beyond the land down under.

In the announcement — made on the company’s blog — CoinJar says they’re official incorporated as a company from the United Kingdom (under the name  CoinJar UK Limited ), but they aren’t forgetting about their client base back in […]

Mercario Partnering With Mimetic Markets to Launch First Bitcoin Exchange in Honduras

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Mimetic Markets Honduran Mercario partners up with American Mimetic Markets to launch the first Bitcoin exchange in Honduras.

Hosted by Mimetic Markets , freshly announced trading platform Mercario will allow users to trade Honduran lempiras, Brazilian reals and bitcoins on a robust and scalable system. In a company’s announcement, Mimetic Markets CEO Sameer Parekh Brenn stated: "We’re excited to be working with the team from Mercario. When we first met them, we were impressed with […]

Pure Gold: Citibank Report says Bitcoin is ‘Fiat Currency’

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Ahead of Switzerland’s gold referendum this weekend, Citibank has a released a report publicly criticizing both the metal and Bitcoin – with some content being so embarrassing it could be satire.

The report, which joins the Swiss National Bank’s (SNB) earlier efforts to present gold in an unfavorable light ahead of the referendum, adds statements about Bitcoin and argues the “social superiority” of paper fiat money.

Created by research analyst Willem Buiter, “ Gold: a six […]

HSBC & Goldman Sachs Under Fire Again

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A new attack on the predations of the financial industry was announced by Bloomberg  on Wednesday morning with the revelation of a lawsuit alleging that both HSBC Holdings Plc (HSBA) and  Goldman Sachs Group Inc. (GS) had jointly engaged in price manipulation of the precious metals market for at least eight years. 

Attorneys for the Plaintiffs, Modern Settings LLC , and a New York jeweler stated that this was the first lawsuit of its kind […]

Cracks in the Fiat Money System: The Swiss Gold Referendum and Currency Pegging

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Swiss Gold On November 30, Swiss voters will go to the polls to vote on what is being called the “ Save Our Swiss Gold ” referendum. 

A vote of yes would mean that the Swiss National Bank (SNB) would have to refrain from selling any more gold and increase its gold holdings to 20%, which is up from current levels of 7%, where it will remain indefinitely. It would also require the SNB to […]

Dutch Supermarket Joins Arnhem’s Growing Bitcoin Economy

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Spar Arnhem Centraal Adding to the impressive roster of 40 merchants in the Dutch city of Arnhem that already accept bitcoin, a city centre supermarket has now also made the decision to accept payments in the digital currency.

With the move, the Spar Arnhem Centraal has become the first franchised supermarket in the Netherlands to accept bitcoin.

The owners say that they started processing cryptocurrency payments yesterday via a point-of-sale system provided by Dutch firm  BitKassa. Notably, the integration came about after encouragement from the organisers of the  Arnhem Bitcoincity […]

Roger Ver Doubles Donation Match for Antiwar.com to $20K

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Roger Ver Roger Ver is an early adopter of Bitcoin and a peace advocate who puts his satoshis where his mouth is.

A few years ago he fled the state in America to live in Japan, after spending ten months in a California prison for selling pest control products without state permission papers. In a natural alliance, he’s doubled his original donation match pledge of US$10,000 to Antiwar.com to US$20,000. The donation drive is active […]

Dutch Official: Bitcoin Transactions Probably Not Liable for VAT

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Jakob Kamminga, an official from the Dutch Ministry of Finance, has said that bitcoin transactions will "probably" be not liable for value added tax (VAT).

His comments were made during a debate on bitcoin and tax at VU University, Amsterdam, on Thursday.

This would mean that goods and services bought with bitcoin will only be taxed on the goods and services side of the transaction, as is the case with purchases done with fiat currency – not on both sides of the transaction, as is […]

Chamber of Digital Commerce Hires Matthew Mellon to Help Ease Bitcoin’s Banking Woes

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The Chamber of Digital Commerce (CDC) has named bitcoin entrepreneur and banking family scion Matthew Mellon as its new executive committee chairman.

Mellon has long been involved in the bitcoin industry, having helped found ventures like Coin.co  that focus on compliance solutions for businesses using bitcoin. A former finance committee chairman for the New York State Republican Party , Mellon comes from an American family known for its deep ties in both US banking and […]

Australian Senate Hearings into Digital Currencies to Start Wednesday

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Australian Senate The Australian Senate will hold its first hearing into digital currencies this Wednesday morning (local time) from 8:30am–12:30pm, part of the Digital Currency Inquiry (DCI).

Representing the international community at the hearing will be Perianne Boring of the US Chamber of Digital Commerce (CDC), the trade association which has made a name for itself lobbying to educate and promote digital currency issues among US policy makers.

A live audio/video feed of proceedings will be […]

Markets Weekly: Could Central Banks Spark a Bitcoin Rally?

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Following mid-November’s price spike, the bitcoin markets have resumed regular service. The price has dropped slightly, while trading volumes have reverted to more commonly observed levels.

The price started last week at $385, according to the CoinDesk BPI, and closed the week at $366 – a fall of 5%.

Trading volumes fell precipitously by 39% last week compared to a week earlier. The number of coins that changed hands across all exchanges tracked by Bitcoinity stood at 3.68 million – down from 5.99 […]

Why Bitcoin Needs an Aggressive Legal Defense

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Justice statue Across the board, bitcoin requires forceful and aggressive legal defense, not complicity with governments in crafting policy and regulations. It’s going to get a lot rougher for bitcoin in the months and years ahead. We have to be prepared.

As Rick Falkvinge, author of Swarmwise , states , "The copyright monopoly war wasn’t the war, it was the tutorial mission. The Internet generation is using technology to assert its values and its place […]

Agora Commodities Rebranding Themselves to Crypto Bullion Group to Promote Bitcoin

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Agora Commodities Rebranding Themselves to Crypto Bullion Group to Promote Bitcoin Influenced a lot by Bitcoin, Agora Commodities is rebranding them to Crypto Bullion Group. In a press release the company says, “In order to adequately account for their prominence in the Bitcoin community and with full philosophical dedication to the sound monetary principles embodied within crypto-currency, Agora Commodities will be launching a new website by the end of 2014 using Crypto Bullion Group […]

The Future of Bitcoin Trading

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Futures Exchanges The days of Mt. Gox are long behind us, and with the slaying of the giant, there was plenty of room for competitors to fill the void and spread the wealth. The scope is brought home when you see the Global Price Index by BraveNewCoin is being comprised from 60 of the world’s most liquid Bitcoin exchanges.

It did not take long for the experienced financial talent to capitalize on the trading frenzy […]

Bitcoin Foundation Pledges to Focus Solely on Core Development

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Bitcoin Foundation The Bitcoin Foundation has announced that it will seek to wind down its education, outreach and public policy initiatives as it turns its focus to core development.

The news coincided with the publication of three surveys conducted by the Bitcoin Foundation today that suggest that many community members, both inside and outside of the organization, wanted to see it adopt a stronger focus on core development.

The organisation wrote  in its official blog post […]

Huobi’s BitVC Takes Trader Profit to Cover $1 Million Loss

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UPDATE (November 20th 16:01 GMT): Alongsideits plan to pool 20% of all trading fees into a ‘system reserve fund’, Huobi informed CoinDesk it has now reimbursed all users who suffered from its "system loss allocation policy" in the form of credit for future trading fees.

"BitVC will continue working toward our goal of providing a fair, transparent and stable trading platform, and we always welcome user feedback and suggestions," the platform added. Depressed trader BitVC, the digital currency futures […]

Gavin Andresen: Bitcoin Foundation Pivot Won’t Centralize Core Development

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Gavin Andresen Web Summit Bitcoin Foundation chief scientist Gavin Andresen has publicly voiced his support for the organisation’s plan to focus solely on core development.

In a new blog post , Andresen defended prior efforts to support core development and stated that the Bitcoin Foundation is just one of several organizations that provide funding for the oversight of the bitcoin protocol.

The statements follow the Bitcoin Foundation’s  formal announcement  of the plan, which will find it shedding […]

‘Instead of Using KYC, We Prefer to Use Our Own Model: TYC (Trust Your Customer)’ – Bitcoin-Wave CCO, G. Heni

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G+Pinterest reddit Upvote Downvote submit inShare G. Heni is Chief Communication Officer at the newly launched French Bitcoin exchange Bitcoin-Wave . In an interview with CoinTelegraph, the executive shares his company incentives and motivations, and discusses its future plans, as building the largest Bitcoin e-commerce platform in the world, while offering a full package for traders, made of in-house applications only. CoinTelegraph: Bitcoin-Wave is new Bitcoin exchange 100% made in France. What […]

What Ban? Russia’s VK.com is Mining Bitcoin

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This year, at Riga’s International Economic Forum , CoinTelegraph had the chance to catch up with Yuri Ivanov , Head of Partner Relations at Russia’s largest and most popular social network, Vkontakte (VK.com).

As of January 2014, VK.com had at least 239 million accounts. VK is ranked 8th (as of August 1, 2014) in Alexa’s global Top 500 sites and is the 2nd most visited website in Russia, after Yandex .

Yuri has more than 10 […]

Top 10 Risks Associated with Bitcoin Presented by Finance Professor at World Bank Forum

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SHA256 ALGORITHM HASHRATE: 302.8 Ph/s Mark Thomas Williams, a faculty member in the Finance and Economics Department at Boston University, presented his top-10 most significant risks associated with Bitcoin at World Bank forum.

Professor Williams was invited to speak about ‘virtual currencies’ at the World Bank’s Law, Justice and Development (LJD) week, held from October 20 to October 24, 2014, at the World Bank Headquarters in Washington.

On October 21, Williams discussed the topic ‘ Virtual […]

Singapore Crypto Conference Brings Together Academia, Businesses and Regulators

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G+1Pinterest reddit Upvote Downvote submit inShare 2While much of the payments and financial world was in Las Vegas at Money20/20 last week, about 250 researchers, business people and policymakers met in Singapore to have a frank conversation about the Asian financial hub’s role in the cryptoeconomy.The Sim Kee Boon Institute for Financial Economics at Singapore Management University hosted the two-day conference on November 4 and 5 in […]

Global Digital Currency Conversion Summit to Follow G20 in Brisbane

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SHA256 ALGORITHM HASHRATE: 279.2 Ph/s The G20 Summit usually draws protestors by thousands from around the world most of whom are angered at what they see as global economic policies that benefit only a few at the expense of the many.

But this year the Australian Digital Currency Association (ADCCA) seems to be trying to balance that out by hosting a special cryptocurrency-focused event that is scheduled to overlap the G20. The event, held in […]

Singapore Event Puts Bitcoin on Mainstream Finance Agenda

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Singapore played host last week to a digital currency-centered conference led by two of its leading financial organizations. At issue were cryptocurrencies’ place in financial industry innovation, and Singapore’s own unique role in developing the ecosystem.

The inaugural CAIA-SKBI Cryptocurrency Conference  on 4th November was significant as it was organized jointly by the Sim Kee Boon Institute (SKBI) for Financial Economics at Singapore Management University (SMU) and the Chartered Alternative Investment Analyst (CAIA) Association – both of which […]

The Bitcoin Group #55 – Silk Road 2.0 Shutdown – Crypto Equity Crackdown – Lawsky Keynote

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THIS WEEK:
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Gavin Andresen: I don’t want to be ‘king of Bitcoin’
http://www.usatoday.com/story/tech/20… Bitcoin Billionare Review http://toucharcade.com/2014/11/07/bit… Bill Nye supports Bitcoin https://www.cryptocoinsnews.com/bill-… Silk Road 2.0 was just the first: police seize more Tor-shielded darknet sites http://www.engadget.com/2014/11/07/op… Silk Road 2.0, infiltrated from the start, sold $8M per month in drugs http://arstechnica.com/tech-policy/20… Shutting Illegal Websites, Authorities Say They Pierced Tor Anonymity http://online.wsj.com/articles/illega… How the FBI just made the world a more dangerous place by shutting down […]

Japanese Scholars Draft Proposal for a Better Bitcoin

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A team of Japanese researchers has published a paper with a set of proposals it says would improve bitcoin, effectively creating a hypothetical low-volatility digital currency called ‘improved bitcoin’ (IBC).

The paper, authored by four scholars from various Japanese universities, was published by the  Institute of Economic Research  at Tokyo’s Hitotsubashi University.

The work explores the problem of bitcoin’s instability from an economic viewpoint, suggesting a new monetary policy rule – effectively, monetary policy without a central […]

6 Top Responses from Bitcoin Foundation Head Patrick Murck’s Reddit AMA

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Patrick Murck Newly elected executive director of the Bitcoin Foundation Patrick Murck participated in an ask-me-anything (AMA) session on Reddit today, engaging the bitcoin community in a wide-ranging discussion to mark his new appointment.

Murck assumed his new position last week following the resignation of Jon Matonis, who will serve on the foundation’s board through the year. Under its new direction, Murck indicated that the organisation will continue to defend bitcoin to policymakers and policy-focused […]

Stephanie Murphy on NYC catcalling, Bitcoin, and xenophobia

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The show: http://www.nomadcapitalist.com/radio/
The event: http://www.passporttofreedomevent.com

In what may be his most controversial show ever, Andrew is joined by Let’s Talk Bitcoin host Stephanie Murphy for the full hour to discuss a recent Youtube sensation, the latest news in Bitcoin, the Free State Project, and more.
2:06 Andrew debates Stephanie Murphy on the recent video of a woman being catcalled as she walked around New York City. Andrew believes this is part of […]

Lawsky’s ‘Temporary BitLicense’ proposal for NY start-ups

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SHA256 ALGORITHM HASHRATE: 299.6 Ph/s The creator of the controversial BitLicense legislation has sought to make its effect more palatable for New York start-ups by offering them a form of temporary coverage.

Speaking at Money20/20 Las Vegas , superintendent of financial services Benjamin Lawsky announced the issuing of temporary licences to “smaller start-ups” in order to “let them grow” prior to being subject to the full extent of the law, Bloomberg notes .

“There has to […]

Swarm #1: Rick Falkvinge’s SwarmOps Project

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Swarm #1: Rick Falkvinge’s SwarmOps Project Rick Falkvinge, the author of Swarmwise  (inspiration for Ethereum ) and founder of the Pirate Party , plans on shaking up the world with his new project called SwarmOps, which will be fully presented at the Swarm Demo Day this week on November 5th. Rick Falkvinge is founder of the Pirate Party + SwarmOps and the author of Swarmwise. Ruben Alexander: What motivated you to start the Pirate Party?

Rick […]

A New Era for the Bitcoin Foundation: Matonis Passes the Torch to Patrick Murck

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A New Era for the Bitcoin Foundation: Matonis Passes the Torch to Patrick Murck The Bitcoin Foundation announced yesterday that Jon Matonis would be stepping down as Executive Director. The position would be filled by Patrick Murck who had formally worked as the Foundation’s General Counsel. The Foundation stated that a new General Counsel would soon be announced. Farewell Jon

Matonis was one of the founding leadership of the Bitcoin Foundation, along with Mark […]

Bitcoin Can Bring Multiple Benefits for Users Believes the UK Minister

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Bitcoin Can Bring Multiple Benefits for Users Believes the UK Minister Ed Vaizey, the U.K.’s minister for the Digital Economy believes that as Bitcoin can bring a lot of benefits for users admits that the government is still looking at the tech. According to him he sees potential for e-payments to bring multiple benefits to consumers and businesses; however, there are some inhibitions as well with respect to digital currencies.

He says that an uncertain and globally […]

Bitcoin Foundation’s New Head Patrick Murck Outlines Future Plans

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Patrick Murck The Bitcoin Foundation’s new executive director Patrick Murck has outlined his priorities for the organization’s "new direction" and its relationship with stakeholders.

His statement follows yesterday’s  resignation of former executive director Jon Matonis both from the post and his position on foundation’s board.

Notably, former general counsel Murck acknowledged a need to repair the foundation’s relationship with the bitcoin community, even if that meant sometimes adopting unpopular or controversial positions on some issues, and taking risks […]

Bitcoin’s AML/CTF Regulatory Creep Means Time for Specific Industry Regulation

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Peter Oakes  is a business strategist and non-executive director with particular interest in FinTech and digital currencies. He advises bitcoin firms and financial institutions. He was the first Director of Enforcement and Anti-Money Laundering at the newly formed Central Bank of Ireland, and he previously worked as an enforcement lawyer for the former UK Financial Services Authority and a senior officer of the Australian Securities & Investments Commission. In this essay he argues that […]

Let’s Foxtrot: Interview with BitPay CEO Stephen Pair & Executive Chairman Tony Gallippi

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Let’s Foxtrot: Interview with BitPay CEO Stephen Pair & Executive Chairman Tony Gallippi

Let’s Foxtrot: Interview with BitPay CEO Stephen Pair & Executive Chairman Tony Gallippi Facebook

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G+2Pinterest1 reddit Upvote Downvote 1 point inShare 3BitPay’s CEO Stephen Pair recently announced an innovative new program that could very well change the way the internet works on several levels. The new program , called Foxtrot, was designed to give internet users the security and privacy offered by the Bitcoin blockchain technology in everything they do online. While the […]

How to Protect Your Bitcoin Business from Regulators

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How to Protect Your Bitcoin Business from Regulators

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G+6Pinterest reddit Upvote Downvote 1 point inShare 8Mike Gropp is the co-founder of the BitBays Bitcoin exchange and is in charge of the company’s compliance to the ever-changing landscape of cryptocurrency law.After working in the financial sector in California, Mike moved to Beijing in 2010 where he launched his own corporate training company focusing on sales, professional speaking, and negotiations. While expanding his business, Mike taught undergraduate business courses at […]

Argentina’s Stock Exchange Hosts VCs and Finance Pros for Bitcoin Roundtable

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Argentina's Stock Exchange Hosts VCs and Finance Pros for Bitcoin Roundtable

Encuentro Argentino de Capital de Riesgo The Buenos Aires Stock Exchange played host to the Argentine Venture Capital Meeting yesterday, an annual presentation and networking event meant to connect Argentina’s financial markets and venture capital industries.

The event was free for attendees and planned by financial social network  Puerto Finanzas  in collaboration with Buenos Aires-based VC fund  Primary Ventures and the Buenos Aires Stock Exchange , the organisation responsible for the operation of the country’s […]

Former SEC Chair Takes Advisory Roles at BitPay and Vaurum

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Former SEC Chair Takes Advisory Roles at BitPay and Vaurum

Arthur Levitt (Former Chairman SEC) Two significant US-based bitcoin companies, BitPay and Vaurum, have signed a former chairman of the Securities and Exchange Commission to their respective advisory boards.

The Wall Street Journal reported today that consultant Arthur Levitt – who served as SEC chairman from 1993 to 2001 and was actually the longest-serving person in that role – has joined the boards in order to guide the bitcoin firms’ approach to financial regulation.

Levitt affirmed he was impressed by […]

IRS Seizes Assets on Suspicion Only: Bitcoin could be Next

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IRS Seizes Assets on Suspicion Only: Bitcoin could be Next

IRS Seizes Assets on Suspicion Only: Bitcoin could be Next When the Reagan Administration declared its “War on Drugs” during the 1980’s, one of their first methods of attack was to go after the huge sums of money generated by the criminal cartels, a tactic that proved extremely effective against the Columbian cartels.

The law, known as “civil asset forfeiture” was structured to not only track deposits made by suspected criminals but to seize them […]

FinCEN Rules Bitcoin Payment Processors, Exchanges are Money Transmitters

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FinCEN Rules Bitcoin Payment Processors, Exchanges are Money Transmitters

The Financial Crimes Enforcement Network (FinCEN) has released new guidance for custodial bitcoin exchanges and payment processors, ruling that such companies may be considered money services businesses under US law.

In a response to twin letters submitted in late 2013, the chief US money laundering and terrorist financing regulator explained that bitcoin exchanges  may be money transmitters, even if they only match buyers and sellers on their platform. Further, the letters suggest this is true, […]

“I Would Fight to Make Sure that the Bitcoin Sector Would Stay Unregulated” – Libertarian Candidate, Will Hammer

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“I Would Fight to Make Sure that the Bitcoin Sector Would Stay Unregulated” - Libertarian Candidate, Will Hammer

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G+5Pinterest1 reddit Upvote Downvote 15 points inShare 3 Will Hammer is the Libertarian candidate for the United States House of Representatives from the Commonwealth of Virginia’s Sixth District. The 27 year old candidate is running against incumbent Bob Goodlatte , an extremely conservative Republican.Hammer was able to gather the required signatures to win the Libertarian Party’s nomination in June. Until that point Goodlatte was running unopposed. Hammer […]

This Polish Hospital Will Let Patients Settle Bills With Bitcoin

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This Polish Hospital Will Let Patients Settle Bills With Bitcoin

Medicover Hospital A private hospital in Warsaw, Poland, which is run by the Medicover Group, will soon let patients pay their bills in bitcoin. A bitcoin ATM planned to be launched at the facility in the near future should make that process even easier.

While a number of clinics and doctors around the world have been accepting bitcoins for minor treatments and consultations, the medical facility is the first to accept payments for a wide range of healthcare services, including major surgery, the chain said.

Medicover […]

NY Law Panel: Bitcoin Won’t Get Banking Without Compliance

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NY Law Panel: Bitcoin Won't Get Banking Without Compliance

On Tuesday morning, the New York Law School hosted the Bitcoin Law conference, drawing entrepreneurs and enthusiasts from the New York City bitcoin community, as well as many of its own aspiring lawyers.

The event was moderated and largely organized by Houman Shadab, a law professor and director of the school’s Center for Business and Financial Law.

Shadab has researched bitcoin and cryptocurrencies extensively, as well as hedge funds, derivatives, securitization and commercial transactions. Earlier this month […]

Bitcoin Foundation AMA Series Continues With Gavin Andresen

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Bitcoin Foundation AMA Series Continues With Gavin Andresen

Bitcoin Foundation AMA Series Continues With Gavin Andresen AMA in progress: Link

It was just about a week ago when the Bitcoin Foundation announced a Reddit AMA series  in the spirit of transparency (AMA stands for “ask me anything”). The idea, as you might have already guessed, is designed to give the bitcoin community easy access to asking questions to some of the well-known entities at the Foundation.

Last week, the first to be asked questions […]

INTERMARKET ANALYSIS: Where Bitcoin Fits In

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INTERMARKET ANALYSIS: Where Bitcoin Fits In

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G+1Pinterest reddit Upvote Downvote submit inShare 1 [Editor’s note: the charts included in the article below represent 50, 100, 200 daily and weekly moving averages] This is part of a larger presentation I did at Coinagenda . See the complete slides here . I encourage everyone to quickly go through the slide deck to check the pulse of the global economy. The macro environment looks like one of […]

Bitcoin is Not Backed by Anything (And That’s OK!)

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Bitcoin is Not Backed by Anything (And That’s OK!)

Bitcoin is Not Backed by Anything (And That’s OK!) Whenever you hear, “That currency is not backed by anything!,” it’s almost always meant as criticism. Hard-money enthusiasts are quick to point out the horrible track record of fiat currency. Nearly without fail, currencies “backed by nothing” get heavily devalued through inflation, and they often collapse within decades.

The best solution, so far, has been to tie currency to a commodity whose supply can not be […]

BTC.sx partners with itBit in large-scale Asian expansion plan

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BTC.sx partners with itBit in large-scale Asian expansion plan

BTC.sx partners with itBit in large-scale Asian expansion plan UK-based BTC.sx , the world’s first Bitcoin-only trading platform, has announced its partnership and integration with itBit exchange to significantly increase its presence in Asia.

itBit, which has locations in Singapore and New York, will initially work to introduce its BTC-USD currency pair as well as additional liquidity to BTC.sx. Further partnership activities and enhancements are planned following the successful completion of the first phase.

“We plan […]

Bitstamp: Unverified Bitcoin Accounts at Risk as Deadline Looms

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Bitstamp: Unverified Bitcoin Accounts at Risk as Deadline Looms

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G+3Pinterest1 reddit Upvote Downvote 1 point inShare 3Bitstamp, one of the largest exchanges in the world that deals with US dollars, is taking the customer ID verification requirement very seriously and has warned its users to complete the process or face potential seizure of their assets by the US government.Slovenia-based BitStamp has notified certain users that if they fail to verify their accounts […]

David Smith Bitcoin Investor Bitcoin Bulls

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David Smith Bitcoin Investor Bitcoin Bulls

Jay Addison Technical and Media Advisor for CryptoBiz Magazine interviews David Smith, Bitcoin Investor, Bitcoin Bulls.
David has been interviewed for CBS MoneyWatch and USA Today spreading the word about bitcoin. David Smith owns Bitcoin Bulls a website helping bitcoin investors mitigate risks and access opportunities. Mr. Smith evangelizes bitcoin to everyone at So What’s Bitcoin.com and has educated congressional policy makers on bitcoin. Prior to becoming engrossed in bitcoin, Smith owned a mobile […]

Why Bitcoin’s Core Developers Want Multiple Versions

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Why Bitcoin’s Core Developers Want Multiple Versions

Recent debates about whether people should be allowed to make their own changes to the bitcoin protocol have highlighted an important notion: perhaps developing Bitcoin Core, the reference version of the code, isn’t the only way for people to contribute.

A recent alteration to the bitcoin code that made its way into a Linux variant called Gentoo left some people fuming before the developer switched it off by default.

“These will never be merged into the […]

On track: Bitnation CEO Rides Out Storm to Focus on Future

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On track: Bitnation CEO Rides Out Storm to Focus on Future

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G+1Pinterest reddit Upvote Downvote submit inShare 2Blockchain governance system Bitnation came under the spotlight this week when its crowdsale was unexpectedly postponed. Its vending partner, concerned about a negative reaction from Australian policy makers, withdrew the day of the launch. Additional internal conflicts cast further doubt over the future of the project as a whole, and CoinTelegraph reached out to managerial […]

Op-Ed: Paul Krugman is Wrong – Bitcoin Has Been a Stable Store of Value for over Half a Decade

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Op-Ed: Paul Krugman is Wrong - Bitcoin Has Been a Stable Store of Value for over Half a Decade

Op-Ed: Paul Krugman is Wrong – Bitcoin Has Been a Stable Store of Value for over Half a Decade There are plenty of legitimate economic arguments against Bitcoin. A level of inequality that makes the U.S. look like a “workers’ paradise” is one. The possibility that mining will continue to become more centralized is another.  And, while I don’t buy it myself, concerns over the protocol’s deflationary nature are justified if one believes that […]

Bitstamp: Unverified Bitcoin Accounts at Risk of Government Seizure

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Bitstamp: Unverified Bitcoin Accounts at Risk of Government Seizure

Bitstamp announced today that select users who fail to verify their accounts within the next 28 days risk having their balances forfeited to regulatory authorities.

One of the largest bitcoin exchanges in terms of daily USD trading volume, Bitstamp stated that all users who fail to go through its account verification process will be deemed to have violated its terms of services and be subject to the related penalties.

In statements to the press, the company […]

IMF and World Bank Both See Potential in Blockchain Technology

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IMF and World Bank Both See Potential in Blockchain Technology

IMF and World Bank Both See Potential in Blockchain Technology The IMF and the World Bank annual meeting took place last weekend in Washington, DC. Among the topics discussed, which included the normalization of the US Fed monetary policy, the impact of diverges in emerging economies in a context of low growth, and the current geopolitical issues around the world, the subjects of disruptive technologies and financial innovations were also brought up for discussion. […]

Canadian Entrepreneurs Planning to Sue Robocoin

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Canadian Entrepreneurs Planning to Sue Robocoin

Canadian Entrepreneurs Planning to Sue Robocoin ForexMinute.com – In a post on Reddit, two emerging entrepreneurs from Canada described their not-so-ultimate experience with the world’s most renowned Bitcoin ATM manufacturers, Robocoin ATM. They are now planning to take strict legal actions against the company for literally robbing them of their hard earned investments. Grab your tissues before reading further….

It all started one day when MetaLab founder Andrew Wilkinson, along with his buddy Rajiv, the […]

Coinbase Hires Former Senate Advisor to Head Its Government Affairs Department

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Coinbase Hires Former Senate Advisor to Head Its Government Affairs Department

Coinbase Hires Former Senate Advisor to Head Its Government Affairs Department In a statement released Monday, Coinbase announced it had hired a DC veteran to “engage and educate public officials on regulatory and compliance issues related to Bitcoin.”

John Collins, who has served as campaign manager for a US senator and as an advisor on the US Senate Committee on Homeland Security and Governmental Affairs, will join Coinbase as the company’s head of government affairs.

“From […]

New Bitcoin Merchants: Beer Gardens, Dash Cams and More

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New Bitcoin Merchants: Beer Gardens, Dash Cams and More

New Bitcoin Merchants: Beer Gardens, Dash Cams and More THON Org A-7 is a Penn State student philanthropy organization with more than 15,000 volunteers. The group is focused on curing cancer in children and is now accepting Bitcoin for donations as well as fiat currencies and volunteers.

THON has been partnered with The Four Diamonds Fund at Penn State Children’s Hospital since 1977 and the Fund is the sole beneficiary of THON’S fundraising efforts and […]

IMF and World Bank Panel: Bitcoin Block Chain Could Boost Financial Inclusion

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IMF and World Bank Panel: Bitcoin Block Chain Could Boost Financial Inclusion

This weekend private and public sector delegates convened for a panel discussion about technology’s role in achieving greater global financial inclusion as part of a four-part seminar series at the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group in Washington, DC.

The panelists included Standard Chartered Bank group chief executive Peter Sands ; Colombian Minister of Finance and Public Credit Mauricio Cárdenas ; Visa global head of strategic partnerships Bill […]

Former Senate Adviser Joins Coinbase Team

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Former Senate Adviser Joins Coinbase Team

Former Senate Adviser Joins Coinbase Team Story Highlights

Coinbase hires John Collins

Collins was a former Senate Adviser Related Articles FinCEN Ruling Does Not Classify Bitcoin Mining as Money Services Business 0 Comments 28.Dec Miami’s North American Bitcoin Conference Full Schedule Released 0 Comments 21.Jan Bitcoin Shows Up on Google Trends List 0 Comments 19.Nov The  New York Times reports that San Francisco-based Coinbase has a new addition to their team […]

In the Spirit of Transparency, Bitcoin Foundation Announces Reddit AMA Series

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In the Spirit of Transparency, Bitcoin Foundation Announces Reddit AMA Series

In the Spirit of Transparency, Bitcoin Foundation Announces Reddit AMA Series The Bitcoin Foundation  is planning to host a series of Reddit AMAs beginning tomorrow in the spirit of transparency. The Foundation’s own Jinyoung Lee Englund announced the series in a blog post Monday .

The first session begins tomorrow, Tuesday, October 14th. And on deck is the Foundation’s Global Policy Counsel, Mr. Jim Harper. His AMA begins at 11 a.m. Eastern U.S. time.

Here’s his […]

Indysci Founder Isaac Yonemoto: ‘I Was Presented with a Once-in-a-Lifetime Opportunity to Develop a Drug without Patents’

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Indysci Founder Isaac Yonemoto: ‘I Was Presented with a Once-in-a-Lifetime Opportunity to Develop a Drug without Patents’

Indysci Founder Isaac Yonemoto: ‘I Was Presented with a Once-in-a-Lifetime Opportunity to Develop a Drug without Patents’ As we reported last week, Indysci is a new project funds open-source scientific projects that anyone can look at, modify, or use. The first project on the agenda, dubbed Project Marilyn, will pour donations into research for a patent-less cure for cancer.

The organization accepts Bitcoin, and if they receive enough Bitcoin donations, they will name an anticancer […]

Former Senate Aide Joins Coinbase as US Government Liaison

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Former Senate Aide Joins Coinbase as US Government Liaison

Bitcoin services provider Coinbase has hired an in-house liaison to US policy makers who are drafting digital currency legislation.

John Collins joins the San Francisco-based company as Head of Government Affairs in Washington, DC. He previously worked as a senior advisor to the Senate Homeland Security and Government Affairs Committee, which almost a year ago held the first congressional hearing on digital currency.

Today’s announcement by Coinbase calls attention to the increasing need for more open and […]

European Prosecutors Launch Project to Combat Online Dark Markets

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European Prosecutors Launch Project to Combat Online Dark Markets

European prosecutors are speaking out about a new pan-European project designed to combat dark markets on the web – and they’re addressing bitcoin as a key tool of dark market operators.

The Illegal Trade on Online Marketplaces (ITOM) was started by the Dutch Public Prosecution Service, the Openbaar Ministrie. The project, which began with a meeting in April this year, draws together law enforcement from various European countries in an attempt to stop the illegal trade […]

Andreas Antonopolous to Canada’s Senate: ‘There is No Need for Centralized Regulation’

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Andreas Antonopolous to Canada’s Senate: ‘There is No Need for Centralized Regulation’

Andreas Antonopolous to Canada’s Senate: ‘There is No Need for Centralized Regulation’ On October 8, one of the most prominent thought leaders in the crypto space, Andreas Antonopoulos, was invited to share his views and knowledge on Bitcoin and cryptocurrencies.

The session of the Senate of Canada ’s Banking, Trade and Commerce committee, which focused mostly on the regulatory aspect of digital currencies, lasted for almost 2 hours and has been widely lauded by the […]

Bitcoin Foundation Urging NYDFS to Provide ‘More Research and Analysis on Bitlicense’

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Bitcoin Foundation Urging NYDFS to Provide ‘More Research and Analysis on Bitlicense’

Bitcoin Foundation Urging NYDFS to Provide ‘More Research and Analysis on Bitlicense’ The fight over New York State’s “Bitlicense” proposal continues unabated as the Bitcoin Foundation pressures the state’s Department of Financial Services to follow its own rules.

When the proposal was first released last July, the New York Department of Financial Services (NYDFS) ordered a waiting period to allow for public comments. This window was to run from July 17,2014 and recently extended to […]

Why Apple Pay Is a Threat to Bitcoin

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Why Apple Pay Is a Threat to Bitcoin

Apple Pay Bitcoin Threat Apple Pay isn’t even here yet and, arguably, it’s already winning the war against bitcoin.

Like the digital currency, Apple is disrupting the payments system, but people will probably use it more than they use bitcoin.

Cupertino has carefully focused on three areas to make sure that happens: front-end experience, financial institutions, and merchants.So what is the cryptocurrency community going to do about it? Apple Pay’s holy trinity Apple nailed the customer experience side. […]

Philippine Government Bill Could Pave Way for Bitcoin-Backed Money

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A member of the House of Representatives of the Philippines has introduced a bill that would seek to create a government-backed “e-peso” that would serve as an official medium of exchange for domestic online payments.

Introduced as part of the E-Peso Act of 2014, the payments tool would be considered legal tender for debt, taxes and goods and services, according to a report by The Philippine Star .

Most notable for the bitcoin industry is that the […]