Search Results for: Bitcoin exchange
The Real Reason Banks Don’t Like Bitcoin
July 22nd, 2014
Banks are reluctant to work with bitcoin, that fact has been well known in the community for some time. Until now, though, few concrete reasons have been given as to why. New statements from a senior banking practitioner in ...
Sweden Calls For EU Ruling On Bitcoin Taxation
July 22nd, 2014
Sweden has asked the European Union to provide definitive rules on the Value Added Tax treatment of cryptocurrencies, such as Bitcoin, after concerns raised by the nation about the UK’s revised position, issued in March. On June 2, 2014, ...
BitXatm to Launch 1,000 Bitcoin ATMs in US
July 21st, 2014
Germany-based digital currency bitcoin ATM and point-of-sale (POS) solution provider BitXatm has announced a new partnership that will find the company shipping 1,000 units to the US in a bid to build the country’s largest bitcoin ATM network. For ...
Bitcoins Can’t Shake Bubble Image in Poll After 45% Drop
July 18th, 2014
Bitcoins, which lost 45 percent of their value after skyrocketing to more than $1,100 last year, are poised to tumble further, according to the latest Bloomberg Global Poll of financial professionals. Fifty-five percent of those surveyed said the virtual ...
Ex-CS commodities head turns to bitcoin
July 10th, 2014
A UK-based bitcoin exchange has tapped the former global head of commodities at Credit Suisse to lead its attempt to promote professional trading of the virtual currency. Adam Knight, who has been an angel investor in London since leaving ...
Silicon Valley is moving into Bitcoin
July 9th, 2014
Richard Waters, writing in Financial Times, is reporting that Silicon Valley’s A-Listers seem to be fast climbing onto the Bitcoin bandwagon. More and more of Silicon Valley’s venture capitalists have been queuing up to invest in Bitcoin start-ups. Yesterday, ...
Regulator says EU Banks Must Shun Bitcoin Until Rules in Place
July 4th, 2014
European Union banks should shun virtual currencies such as Bitcoin until a system of rules to prevent abuses are put in place, according to the bloc’s top banking regulator. The European Banking Authority called on the EU to develop ...
Silicon Valley venture capitalist Tim Draper wins bitcoin auction
July 3rd, 2014
Venture capitalist and entrepreneur Tim Draper is rolling in bitcoins after winning a U.S. government auction Monday. He bought 29,656 bitcoins — a new form of digital currency — from a trove that the government seized in a raid ...
Canada Amends National Law to Regulate Bitcoin Businesses
June 24th, 2014
The Parliament of Canada has passed a bill that amends the country’s Proceeds of Crime (Money Laundering) and Terrorist Financing Act of 2000 to extend to both foreign and domestic businesses working in the bitcoin and digital currency sectors ...
Japan not regulating bitcoin, for the moment
June 20th, 2014
Japan’s leading Liberal Democratic Party said it decided against regulating bitcoin for the time being, after the collapse of Tokyo-based bitcoin exchange Mt. Gox prompted them to consider more scrutiny of the virtual currency. Mt. Gox, once the world’s ...
