Search Results for: bitcoin
European Court of Justice Official Proposes Bitcoin VAT Exemption
July 17th, 2015
Bitcoin operations should be exempt from Value Added Tax (VAT), the Advocate General of the European Court of Justice said in an opinion document published today. Citing existing exemptions for currency and money transactions in Europe’s VAT Directive, Attorney ...
How Future Bitcoin Can Prevent a Future Greece
July 14th, 2015
The digital currency is at a turning point, evolving much more quickly than some observers realize Bitcoin, the volatile digital currency, cannot help the Greeks of today. But it could mean a great deal to those caught up in ...
Bitcoin price tumbles after Greek deal announcement
July 13th, 2015
The Belgian Prime Minister Charles Michel broke the news that there will be no “Grexit” after 17 hours with hard negotiations with other European leaders and Greece’s Prime Minister Alexis Tsipras. Read More on Greek Deal Announcement According to ...
Visa: Bitcoin Has a Future in Payments
July 10th, 2015
Large existing payments companies are “lowering the drawbridges” and working more openly with new players in the space, according to a Visa executive. Jonathan Vaux, executive director of new digital payments and strategy at Visa Europe, was speaking at WIRED Money, held ...
Is Bitcoin Unsustainable, and How Can It Be Made Sustainable?
July 9th, 2015
“Bitcoin Is Unsustainable,” claims the title of a provocative essay by Motherboardcontributor Christopher Malmo that has spurred considerable debate. Malmo’s central thesis is that Bitcoin uses way too much electricity. The essay opens with a future scenario that, in view ...
Westpac VC invests in Bitcoin player Coinbase
July 8th, 2015
In a deal that will put Westpac Banking Corp in the box seat as cryptocurrencies develop, the bank’s venture capital fund, Reinventure Group, has invested in Coinbase, one of the world’s pre-eminent Bitcoin companies. In the first deal involving ...
Bitcoin: What you didn’t know but always wanted to ask
July 7th, 2015
A new technology for the banking world: “The internet of money” In 2008, an individual or group writing under the name of Satoshi Nakamoto published a paper that described a peer-to-peer version of electronic cash that “would allow online ...
Codename Citicoin: Banking giant built three internal blockchains to test Bitcoin technology
July 3rd, 2015
Citigroup, the global advisor of multi-nationals and governments, has been using its scale and reach in some surprising ways, such as conducting transactions on mobiles without bank accounts in Kenya, and developing blockchains within the bank and test-coins to ...
Coinfloor Market – world’s first broker based bitcoin marketplace
July 2nd, 2015
Coinfloor announces the launch of Coinfloor Market, the world’s first broker based bitcoin marketplace built on the foundations of Coinfloor Exchange. The goal is to offer UK consumers and retail investors the ability to buy bitcoins and gain exposure to digital currency ...
Computop and Bitnet Enable Merchants to Accept Bitcoin as Payment
July 1st, 2015
Computop, a leading payment service provider (PSP), and Bitnet, a bitcoin payments processor, today announced a strategic technology partnership. Through this partnership, global merchants will be able to accept bitcoin as a payment method on Computop Paygate. Bitcoin is ...
