Tag

regulate

Bitcoin Politics

Paul Koster Calls for Immediate Ban on Bitcoin

ForexMinute.com – Netherlands Stockholder Association’s Director Paul Koster recently requested the central bankers to immediately ban the cryptocurrency Bitcoin.According to a report published on Dutch news service BNR , Koster deliberately chose the Bitcoin’s worst trading phase to throw tantrums over it. “These volatile Bitcoin…
cinerama
January 15, 2015
Bitcoin Politics

PayPal Expresses its Thoughts on Bitcoin Regulation

PayPal has some interesting feelings towards bitcoin.  Apparently, while the currency itself shouldn’t be up for regulation, businesses that deal in it should.The company made a submission to the Australian Senate committee investigating the regulation of digital currencies that calls for the recognition of differences…
cinerama
January 14, 2015
Bitcoin Politics

Bitcoin ‘Vault’ Elliptic Meets Global Auditing Standard

KPMG building Digital currency storage service Elliptic has obtained ISAE 3402 accreditation – a global standard for financial reporting – from auditing specialist KPMG.The ISAE 3402 Type 1 or SOC1/2 review  scrutinises various aspects of a business, including financial controls, regulatory compliance including AML and KYC measures, financial…
cinerama
January 12, 2015
Bitcoin Politics

Bitwage And Amagi Metals Partner For Bitcoin Payroll

Bitcoin-friendly Amagi Metals has announced that its entire staff will voluntarily accept a portion of individual employee paychecks in Bitcoin in 2015 through Bitwage . CEO of Amagi Metals Stephen Macaskill said the company is taking this action to advance its ability to function fully…
cinerama
January 6, 2015
Bitcoin Politics

California Delays Formal Decision on Bitcoin Regulation

DBO, California California’s financial services and money transmitters regulator did not rule on whether it would regulate bitcoin at a scheduled December meeting.The meeting of California’s Department of Business Oversight (DBO) was first revealed in early December by Bloomberg . Though details were scarce, spokesperson…
cinerama
January 5, 2015
Bitcoin Politics

Weekend Roundup: Snowden Accepting Bitcoins, Ecuador’s Digital Money Launches, and ChangeTip Rolling Out Facebook Support

Weekend Roundup: Snowden Accepting Bitcoins, Ecuador’s Digital Money Launches, and ChangeTip Rolling Out Facebook Support On Thursday, Carlo Caraluzzo reported that American whistleblower Edward Snowden is accepting bitcoins to finance his legal defense. “Snowden is accepting donations in PayPal, credit card, check, bank transfer and…
cinerama
January 4, 2015
Bitcoin Politics

Coinbase Is Tracking How Users Spend Their Bitcoins

Coinbase has recently been demonstrating why consumer regulation is such a problem . The company seems to be tracking what their customers are buying with Bitcoin and closing any accounts involved in transactions that the company objects to.It is probably no secret that Bitcoiners are…
cinerama
December 28, 2014
Bitcoin Politics

Bitcoin Is (Still) Not Doomed

by John LightWashington 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…
cinerama
December 27, 2014
Bitcoin Politics

Circle’s Wishlist for Bitcoin Regulation in 2015

John Beccia is general counsel and CCO for Circle, a consumer finance company that uses bitcoin technology to make money transfers and payments instant, secure, global and free. In this article, he shares his wish list for regulators focused on digital currency. It's the time of year…
cinerama
December 27, 2014

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