Archive for the politics Category

China gets first bitcoin ATM, skirting bank crackdown

China gets first bitcoin ATM, skirting bank crackdown

17 Apr 2014 / Reuters – BTC China, one of the country’s leading digital currency exchanges, has installed China’s first bitcoin ATM and launched an online app allowing individuals to buy and sell bitcoins using mobile phones, skirting local banking regulations seen as increasingly hostile to so-called

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Buy into Bitcoin: What small businesses need to know about digital currencies.

Buy into Bitcoin: What small businesses need to know about digital currencies.

17 Apr 2014 / borro.com – Introduction If you’re familiar with Bitcoin it could well be because of the controversies that have seen the digital currency grab frequent headlines over the last five years. From bubbles to Silk Road to congressional hearings, the entire concept of digital

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Bitcoin defies talk of China crackdown

Bitcoin defies talk of China crackdown

16 Apr 2014 / CNBC – The price of bitcoin rose on Tuesday despite growing uncertainty regarding regulation in China, including a possible deadline for the country’s banks to stop handling the virtual currency. The price of bitcoin hit $500 by 10:00 a.m. London time on Tuesday,

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‘Countries and govts can’t ban or limit the impact of Bitcoins’

'Countries and govts can't ban or limit the impact of Bitcoins'

15 Apr 2014 / India Times – It takes a patient man to stand up to the much touted and often damaging impatience of dealing in Bitcoins. There is a wintry outlook to the fate of Bitcoins, but insiders argue the digital currency is here to stay

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Bitcoin Believers Say It’s Poised for Rebound Once Dust Settles

Bitcoin Believers Say It’s Poised for Rebound Once Dust Settles

12 Apr 2014 / Wall Street Journal – Growing Wall Street interest in bitcoin is likely to fuel a rebound in the price of the digital currency, according to panelists at the Inside Bitcoins conference in New York Tuesday. Barry Silbert, chief executive officer of SecondMarket, which

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Bitcoin: All You Need to Know as Virtual Money Gets Real

Bitcoin: All You Need to Know as Virtual Money Gets Real

12 Apr 2014 / Wall St. Cheat Sheet – Maybe you dismissed digital currency after all the strange headlines. Perhaps from the start Bitcoin seemed too complex and you skimmed past the topic. But as congressmen use bitcoin ATMs on Capitol Hill, retailers like Overstock.com (NASDAQ:OSTK) begin

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Why you should care about Bitcoin: digital currency is here to stay

Why you should care about Bitcoin: digital currency is here to stay

10 Apr 2014 / The Guardian – No, you can’t open a Bitcoin bank account at JP Morgan Chase just yet. And you certainly can’t pay your IRS tax bill in bitcoins: the taxman views the fledgling cyber-currency as an asset, not a means of exchange. We

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Why VCs Are Still Planning To Pour Tons Of Money Into Bitcoin

Why VCs Are Still Planning To Pour Tons Of Money Into Bitcoin

09 Apr 2014 / Business Insider – It seems like not much has been going right in Bitcoin land these days. Despite the hopes of evangelists that the fall of MtGox would mean the end of persistent headaches in the cryptocurrency’s ecosystem, there has been a spate

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Bitcoin is knocking on Washington’s doors

Bitcoin is knocking on Washington's doors

09 Apr 2014 / CNN Money – Bitcoin companies are hiring lobbyists, visiting lawmakers on Capitol Hill and writing to agencies about how they should write rules that will determine the future of the fast-growing virtual currency.  It’s all part of a push to shape how Washington

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Banks looking to back bitcoin with new exchange

Banks looking to back bitcoin with new exchange

04 Apr 2014 / FX Week – Global banks and broker-dealers are among some of the organisations that are set to put their name behind a new digital currency exchange that is being set up in New York by online marketplace Second Market. Due to launch this

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