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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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December 27, 2014
Bitcoin Politics

Bitcoin Fund Manager Faces HSBC Account Closure

HSBC office building. Global Advisors, a firm based in Jersey that manages the first regulated bitcoin fund, has been served notice by its bank, HSBC.The firm said it received a notice from HSBC indicating that the company's bank account would be closed in 60 days. A meeting…
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December 1, 2014
Bitcoin Politics

HSBC abandons Global Advisors Bitcoin Investment Fund

HSBC has cut ties with a Bitcoin investment fund Reuters Banking giant HSBC has cut off links between itself and the company responsible for the world's first regulated bitcoin investment fund.The BBC reports that the bank ended its relationship with Jersey-based Global Advisors Bitcoin Investment…
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December 1, 2014
Bitcoin Politics

The Importance of Keeping Crypto Crowdsales Accountable

For many entrepreneurs, one of the most compelling use cases of blockchain technology is the potential for it to enable new marketplaces that remove traditional hurdles associated with investing and crowdfunding.The growing number of public crowdsales has been widely covered as of late. With these…
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November 29, 2014
Bitcoin Politics

Is Bitcoin The Future of Money? | Dominic Frisby

Jason Burack had on returning guest Dominic Frisby http://dominicfrisby.com/ to talk about his new book, Bitcoin: The Future of Money?Dominic Frisby is an actor, comedian, writer for Moneyweek (top investing publication in the UK) and his previous book, Life After the State was a fantastic…
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November 29, 2014
Bitcoin Politics

Western Union Sitting Duck in Bitcoin Viral Ads Blunder

Western Union Western Union has become the latest target of one of the Internet’s more sophisticated dethroning campaigns – and, it seems, has already lost the battle to contain the consequences.An image posted to Facebook depicting an altered version of the company’s own advertisement, changed…
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November 27, 2014
Bitcoin Politics

Nadex Announces to Launch Bitcoin Binary Options

Nadex Announces to Launch Bitcoin Binary Options ForexMinute.com – The North American Derivatives Exchange (Nadex), a US-based regulated exchange, announced today its plans to launch Bitcoin binary options contracts by the end of 2014. The company will start listing daily and weekly bitcoin binary option…
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November 24, 2014
Bitcoin Politics

Finland Classifies Bitcoin as VAT-Exempt Financial Service

Finland flag shutterstock Finnish regulators have classified bitcoin as a financial service, thus granting it VAT-exempt status.The Finnish Central Board of Taxes (CBT) judged bitcoin to be a financial service in ruling 034/2014, which states that bitcoin purchases qualify as “banking services” under the EU Value Added…
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November 21, 2014
Bitcoin Politics

Commissioner Claims CFTC Can Intervene in Bitcoin Markets

A commissioner at the Commodity Futures Trading Commission (CFTC) has asserted the agency has the authority to take enforcement actions against price manipulation in bitcoin markets.Commissioner Mark Wetjen made the remarks at a bitcoin conference held at Bloomberg in New York on Monday.When asked if the CFTC has the authority…
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November 18, 2014
Bitcoin Politics

Gavin Andresen, Bitcoin Redeemer (Op-Ed)

In a November 6 interview in Dublin, Ireland, recorded at this year’s Web Summit , Gavin Andresen called Bitcoin “shady.”He was speaking of Bitcoin in the past, and said, “We’re quickly evolving to something that is much more mainstream, much more accepted, much easier to…
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November 15, 2014
Bitcoin Politics

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

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…
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November 15, 2014
Bitcoin Politics

HM Treasury – Digital Currencies: Call for Information

The  UK Government , through  Her Majesty’s Treasury (HM Treasury) has asked for public feedback to assist in their formation of digital currency regulations. https://www.gov.uk/government/consultations/digital-currencies-call-for-information HM Treasury has been aware of the developing Bitcoin space for quite some time, yet  previously (2013) they had agreed…
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November 6, 2014
Bitcoin Politics

Stephanie Murphy on NYC catcalling, Bitcoin, and xenophobia

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…
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November 4, 2014
Bitcoin Politics

Added Regulatory Oversight Wins Unisend New Banking Partner

Unisend has announced it will once again enable Argentina-based users to fund exchange activities through bank transfers.The news comes roughly three months after the Argentinian bitcoin exchange abruptly lost its accounts with previous banking partners Banco Santander Rio and Banco Galicia, thereby limiting the company’s…
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November 3, 2014
Bitcoin Politics

Deal With Clevercoin Might Just Save Justcoin

SHA256 ALGORITHM HASHRATE: 300.3 Ph/s Art by: Jing Jin Update: Justcoin has responded to our questions indicating that no such deal is imminent and stresses that they are still focused on getting users to withdraw their funds. Stating: "We've been contacted by many other digital currency businesses…
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November 1, 2014
Bitcoin Politics

Kraken Now Launches Bitcoin and Japanese Yen Trading

Kraken Now Launches Bitcoin and Japanese Yen Trading The San Francisco-based Bitcoin exchange, Kraken has announced that it has launched trading between Bitcoin and Japanese Yen (XBT/JPY) for traders in Japan. In the announcement the company divulged that it is coinciding with the launch of…
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November 1, 2014
Bitcoin Politics

Crypto 2.0 Industry Dismisses SEC Crackdown Rumors

Following rumors that prominent members of the sector have been receiving requests for information from the US Securities and Exchange Commission (SEC), members of the crypto 2.0 segment of the bitcoin community are now stepping forward to deny these claims.The reports first surfaced on 27th…
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October 30, 2014
Bitcoin Politics

GoCoin Brings Altcoin Payments to Shopify Merchants

GoCoin has become the latest payment processor to be integrated into the Shopify e-commerce platform, joining Coinbase and BitPay in offering cryptocurrency payments options to merchants on the platform.Unlike Coinbase and BitPay , however, GoCoin will allow merchants to take payments not only in bitcoin,…
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October 30, 2014
Bitcoin Politics

FinCen Clarifies — Bitcoin Futures Grow — MadBitcoins Major Announcement!

Donate: https://blockchain.info/address/1LAYu... Subscribe: http://patreon.com/madbitcoins Sponsor: http://MadBitcoins.com October 28th, 2014 -- MadBitcoins, the Grain Highest in ProteinHere are Today’s MadBits:MadBitcoins reaches 500K Views http://www.youtube.com/user/madbitcoi... Fincen Clarifies That Virtual Currency Payment Systems And Trading Platforms Are Money Transmitters https://www.cryptocoinsnews.com/fince... As Bitcoin Lawyer Marco Santori said on Twitter…
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October 28, 2014
Bitcoin Politics

FinCEN’s New Bitcoin Guidelines Actually a Good News

FinCEN’s New Bitcoin Guidelines Actually a Good News ForexMinute.com – The Financial Crimes Enforcement Network (FInCEN) released new Bitcoin guidelines for Bitcoin exchanges and payment processing companies in the US. The additional rulings stated that such organizations are subjected to fall under the category of…
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October 28, 2014
Bitcoin Politics

Is Bitcoin the Red Pill? Unplugging the Matrix.

Is Bitcoin the Red Pill? Unplugging the Matrix. The premier decentralized digital currency Bitcoin has gained widespread mainstream attention over the last year. While many are embracing this new peer-to-peer payment system, others have voiced strong suspicion and offer stinging criticism. The divergence of opinion…
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October 24, 2014
Bitcoin Politics

Ecuador’s National Digital Currency Experiment Explained

Ecuador’s National Digital Currency Experiment Explained FacebookTwitter27G+3Pinterest reddit Upvote Downvote 1 point inShare 2The tiny South American nation of Ecuador has begun its experiment with virtual currencies. The government announced earlier this year that they would be creating a government backed virtual currency in as…
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October 23, 2014
Bitcoin Politics

Bitcoin Regulation In Japan

Different governments have taken different stances on Bitcoin. For example, Bangladesh has outlawed it and Germany considers it “private money.”Within the US, different states have different standpoints, as each state possesses respective laws.Japan has decided to take an interesting stance on it.Mt Gox, which was…
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October 23, 2014
Bitcoin Politics

Bitcoin: US’ Next Unwinnable War? (Op-Ed)

Bitcoin: US’ Next Unwinnable War? (Op-Ed) FacebookTwitter36G+2Pinterest reddit Upvote Downvote 1 point inShare 2 Will Hammer is the Libertarian Party candidate for the 6th Congressional district in Virginia . He is currently running against an 11 term incumbent Republican with no Democrat in the race.…
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October 21, 2014
Bitcoin Politics

INTERMARKET ANALYSIS: Where Bitcoin Fits In

SHA256 ALGORITHM HASHRATE: 238.9 Ph/s Facebook1Twitter15G+1Pinterest reddit Upvote Downvote submit inShare 1 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…
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October 21, 2014
Bitcoin Politics

New Bitcoin Exchange Says Australia is Ideal Location

Sydney skyline A new bitcoin exchange launched yesterday in Sydney, Australia, with an aim to improving general consumer confidence in the digital currency market.Called Independent Reserve , the exchange is promoting both itself and its Australian base as secure and well-regulated, saying the country's AAA…
cinerama
October 21, 2014
Bitcoin Politics

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…
cinerama
October 21, 2014
Bitcoin Politics

Why Brazil’s Bitcoin Market is Struggling to Ignite

For better or worse, the story of bitcoin in Brazil begins with Leandro César Marciano.An IT consultant from Belo Horizonte, Marciano founded and later sold the country’s largest bitcoin exchange Mercado Bitcoin following an alleged security breach, and launched Bitcoin Rain, an investment scheme suspended…
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October 18, 2014
Bitcoin Politics

Japanese Exchange BitFlyer Raises $236k in Growth Funding

Japanese yen Tokyo-based bitcoin exchange bitFlyer has raised $236,000 in investment that the firm says will be used to fund additional services, as well as expansion outside Japan.BitFlyer previously raised  $1.6m in July  with the goal of becoming the leading player in the country’s expanding bitcoin market.Notably, the latest funding was…
cinerama
October 16, 2014
Bitcoin Politics

SecuraCoin Retail Bitcoin Exchange

www.securacoin.comWe are a Digital Currency Business based out of Toronto, Canada. We specialize in servicing Money Service Businesses (MSBs) and other retailers by creating technology and infrastructure for them to start using and providing digital currency services. We ourselves are a registered MSB in Canada…
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October 16, 2014
Bitcoin Politics

Lawsky: Bitcoin Developers and Miners Exempt from BitLicense

Ben Lawsky Developers, miners and individuals using bitcoin will generally not be regulated by the impending ‘BitLicense’ proposals, according to Benjamin Lawsky, superintendent of the New York Department Financial Services (NYDFS).Speaking at the Benjamin N Cardozo School of Law, New York,  Lawsky  clarified that many individuals and companies…
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October 15, 2014
Bitcoin Politics

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…
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October 13, 2014
Bitcoin Politics

SecuraCoin Retail Bitcoin Exchange

www.securacoin.comWe are a Digital Currency Business based out of Toronto, Canada. We specialize in servicing Money Service Businesses (MSBs) and other retailers by creating technology and infrastructure for them to start using and providing digital currency services. We ourselves are a registered MSB in Canada…
cinerama
October 11, 2014

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