regulate

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…

cineramaOctober 28, 2014

Bitcoin Politics

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…

cineramaOctober 28, 2014

Bitcoin Politics

Trucoin Reenters Market, Expands Bitcoin Buying Service to 32 US States

Trucoin has announced it will expand its bitcoin buying service to consumers in 32 US states over the next few weeks.The news follows three months of inactivity for the company, and what it called its successful eight-state beta test earlier this year . Customers in…

cineramaOctober 28, 2014

Bitcoin Politics

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

SHA256 ALGORITHM HASHRATE: 288.7 Ph/s Facebook16Twitter45G+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 ,…

cineramaOctober 26, 2014

Bitcoin Politics

Bitcoin Payments Accepted for Surgery at Major Polish Hospital in Warsaw

A private hospital in Poland has become the first to accept payments in popular digital currency bitcoin for a wider range of healthcare services, including major surgery.Previously, a number of clinics and doctors across the world have accepted the currency for minor medical procedures and…

cineramaOctober 25, 2014

Bitcoin Politics

Lamassu Bitcoin Ventures Partners with IdentityMind Global to Offer Anti-Money Laundering Solution

Lamassu Bitcoin Ventures Partners with IdentityMind Global to Offer Anti-Money Laundering Solution After reaching to a large number of countries with its Bitcoin ATMs, Lamassu Bitcoin Ventures has announced that it has partnered up with IdentityMind Global. According to the company the partnership is aimed…

cineramaOctober 24, 2014

Bitcoin Politics

Regulated Gambling Platform Cozy Games Accepts Bitcoin in Industry First

Cryptocurrency payment processor GoCoin has teamed up with iGaming operator Cozy Games to deliver bitcoin, litecoin and dogecoin payments on its platform.The companies said the move will make Cozy Games the first regulated iGaming operator in the world to accept cryptocurrencies. GoCoin said recent gambling tax reforms,…

cineramaOctober 24, 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…

cineramaOctober 24, 2014

Bitcoin Politics

Mercator Report Finds Conflicting Bitcoin Regulation Harmful to Industry

Mercator Advisory Group has published a research note on global bitcoin regulation, making it the latest established name in the financial industry to release a report on bitcoin.The note, titled ' Global Digital Currency Regulations: Divergent Paths ', examined trends in digital currency regulation and concluded that…

cineramaOctober 23, 2014

Bitcoin Politics

Lamassu Integrates IdentityMind’s AML and Compliance Platform in its Bitcoin ATMs

SHA256 ALGORITHM HASHRATE: 242.8 Ph/s Bitcoin ATM manufacturer Lamassu Bitcoin Ventures partners up with IdentityMind Global to offer integrated Anti-Money Laundering and Compliance platform within Bitcoin ATMs.The companies announced today they had partnered up to provide international Lamassu Bitcoin ATM operators with integrated compliance features,…

cineramaOctober 23, 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…

cineramaOctober 23, 2014

Bitcoin Politics

Saxo Bank Event Panel: Block Chain Intriguing, Bitcoin a Fad

British Musem Bitcoin was labelled a "fad" yet also "interesting" in a panel discussion at Saxo Bank's Trading Debates event in central London yesterday.Held in the British Library, the event was attended by more than 300 people from the world of traditional finance, including bankers, traders…

cineramaOctober 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…

cineramaOctober 23, 2014

Bitcoin Politics

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…

cineramaOctober 22, 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.…

cineramaOctober 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…

cineramaOctober 21, 2014

Bitcoin Politics

BitLicense Comment Period Closes with Final Input from Circle, BitPay

New York Central Park Just in time for the closing of the comment period for New York State's 'BitLicense' proposal yesterday, bitcoin companies Circle and BitPay managed to have the final say on the matter – for now.In their comments, both companies expressed a number of…

cineramaOctober 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…

cineramaOctober 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…

cineramaOctober 21, 2014

Bitcoin Politics

Circle Issues Remarks on BitLicense Ahead of Comment Period Deadline

Circle Issues Remarks on BitLicense Ahead of Comment Period Deadline Circle is joining the ever-lengthening line of bitcoin companies to issue public comments on the New York Department of Financial Service’s (NYDFS) BitLicense proposal, it would seem.The Boston-based company’s General Counsel/Chief Compliance Offer, John A.…

cineramaOctober 20, 2014

Bitcoin Politics

Coinfloor Willing to Launch Bitcoin Fund and Trade in Wider Range of Currencies

Coinfloor Willing to Launch Bitcoin Fund and Trade in Wider Range of Currencies In an announcement Coinfloor, the London-based Bitcoin exchange , has said that it is opening up to a wider range of currencies. The company further elaborated that it will also raise money…

cineramaOctober 20, 2014

Bitcoin Politics

CannabisCoin Officially Redeemable for 1 Gram Starting October 20 – Interview with Founder

CannabisCoin Officially Redeemable for 1 Gram Starting October 20 – Interview with Founder Back in June, CoinTelegraph reported on CannabisCoin (CANN) - a PoW (proof-of-work) peer-to-peer digital currency that is intended to be used for legally purchasing cannabis from registered dispensaries.CANN is based on the…

cineramaOctober 18, 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…

cineramaOctober 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…

cineramaOctober 16, 2014

Bitcoin Politics

A (Working!) Web Broadcast from Space: Interview with Outernet

Thane Richard of Outernet is chatting with me while in a coffee shop (on the anonymous peer-to-peer chat platform Talky ). His car is being repaired at the mechanic next door—ah, the woes of the terrestrial world! Thane, what is Outernet? I think we should…

cineramaOctober 16, 2014

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