Monthly archive for January 2014

New website lets you trade Starbucks gift cards for Bitcoin

New website lets you trade Starbucks gift cards for Bitcoin

31 Jan 2014 / Digital Trends – Despite some recent legal setbacks in the community and a complete lack of regulatory clarity, Bitcoin’s march to the mainstream continues forward as the value of a single Bitcoin hovers between $800 and $900. But getting into the virtual currency

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Shrouded in mystery, Bitcoin catches on in Las Vegas

Shrouded in mystery, Bitcoin catches on in Las Vegas

31 Jan 2014 / Fox5 Vegas – LAS VEGAS (FOX5) – Jalisco Cantina owner Ross Williams first let a customer pay with Bitcoin last year. He received two bitcoins for a $30 tab.

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US Treasury confirms Bitcoin miners and investors won’t be regulated

US Treasury confirms Bitcoin miners and investors won't be regulated

31 Jan 2014 / The Verge – Bitcoin miners and investors will not be regulated by the US Treasury. The clarification came in a pair of rulings yesterday from the Financial Crimes Enforcement Network (FinCEN), a bureau of the US Treasury Department, which said that people who

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Bitcoin’s Fate Is in the Hands of Clueless Regulators

Bitcoin’s Fate Is in the Hands of Clueless Regulators

31 Jan 2014 / Wired – New York financial regulators held hearings on bitcoin and other digital currencies this week, and many of the businesses looking to push the digital currency into our everyday lives welcomed them with open arms. Companies like Coinbase — a Silicon Valley

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China Bitcoin Exchange Restores Deposit Facility

China Bitcoin Exchange Restores Deposit Facility

31 Jan 2014 / Wall Street Journal – Popular Chinese bitcoin exchange BTC China has restored a facility allowing customers to purchase bitcoin by depositing yuan into the exchange’s corporate bank account. The move reverses a decision in December to halt such deposits, which the exchange made

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Will Canada Become ‘The Silicon Valley Of Bitcoins?’

Will Canada Become 'The Silicon Valley Of Bitcoins?'

30 Jan 2014 / Huffington Post – When Leo Dominguez decided to sink his life savings — and a loan from his mother — into his bitcoin venture two years ago, his friends teased he was entering a Ponzi scheme. His father told him he was wasting

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‘Bitcoin is a small player even in illegal transactions’

‘Bitcoin is a small player even in illegal transactions’

30 Jan 2013 / Russia Today – It is true that a small percentage of Bitcoin transactions are illegal, but the majority of illegal goods are bought with US dollars, the primary currency used in the international trade in illicit goods, economist Mark Thornton told RT. On

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Coinbase and Mint Announce First Bitcoin Personal Finance Integration

Coinbase and Mint Announce First Bitcoin Personal Finance Integration

30 Jan 2014 / Coinbase Blog – Today we’re excited to announce a new partnership with Mint, the leading personal finance app from Intuit Inc. Now Mint users will be able to view their digital bitcoin transactions processed by Coinbase alongside their traditional financial accounts. As you

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New York lawmakers bite hard on Bitcoin: why that’s good for investors (+video)

New York lawmakers bite hard on Bitcoin: why that's good for investors (+video)

30 Jan 2014 / Christian Science Monitor – As two days of hearings on the future of digital currencies – think Bitcoin – wrapped up Wednesday in the New York State Legislature, fans of the cyber-cash were getting both bad and good news. Supporters who are drawn to Bitcoin

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Bit Who? 5 Things You Need to Know About Bitcoin

Bit Who? 5 Things You Need to Know About Bitcoin

30 Jan 2014 / Huffington Post – Bitcoin is slowly but surely finding its way into our lexicon, our news reports, and maybe even our wallets. So what is Bitcoin? How does it work? How do you get Bitcoin? Should you be using it? Should you wait?

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