Tag

regulate

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…
cinerama
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…
cinerama
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…
cinerama
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…
cinerama
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…
cinerama
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…
cinerama
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…
cinerama
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…
cinerama
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…
cinerama
November 15, 2014

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