Search Results for: Bitcoins
Deloitte: Bitcoin at the crossroads
October 22nd, 2015
There is a race to regulate Bitcoin. Is it too soon? Bitcoin has captured the imagination of consumers and businesses around the world as a major breakthrough in how value is exchanged. The Bitcoin “blockchain” is a fundamental breakthrough ...
European Court of Justice: Bitcoin is a currency and exchanges are VAT-exempt
October 22nd, 2015
The European Court of Justice (ECJ) has ruled that bitcoin exchange transactions should be exempt from VAT. The ECJ ruling stated that bitcoin transactions “are exempt from VAT under the provision concerning transactions relating to currency, bank notes and ...
“Bitcoin’s PayPal” : Why the Cryptocurrency Is Not a Good Payment Mechanism
September 30th, 2015
Leading Bitcoin startup BitPay is cutting costs, suggesting that the currency won’t be catching on soon. In 2014, a Bitcoin startup called BitPay raised $30 million from investors and was dubbed the “PayPal of Bitcoin” for helping companies such as Microsoft ...
New Bitcoin product launch on Nasdaq by XBT Provider
September 22nd, 2015
XBT Provider AB (publ) announced today the launch of Bitcoin Tracker EUR, a bitcoin-based security denominated in Euro. Bitcoin Tracker EUR will be available for trading on Nasdaq Nordic on October 5th. Alexander Marsh, Chief Executive Officer of XBT ...
Texas Man Admits to Bitcoin Ponzi Scheme
September 22nd, 2015
Trendon Shavers pleads guilty to a charge of securities fraud A Texas man admitted Monday to running a bitcoin Ponzi scheme, which at one time controlled about 7% of digital currency in circulation, in what authorities described as the ...
Coinkite Processes $250 Million in Third Quarter; 10% of Total Daily Bitcoin Transactions
September 21st, 2015
Leading bitcoin platform, multi-sig vault service provider and bitcoin merchant payment processor Coinkite has powered more than USD$250 million over the past three months, processing around 10 percent of the world’s total daily bitcoin transactions. “It is remarkable what ...
Russian Firm Plans Local Version of Bitcoin Digital Currency
September 18th, 2015
A leading Russian payment services provider is developing the country’s first virtual currency — the bitruble. If the company, Qiwi, can overcome resistance from Russia’s financial authorities — which fear that cryptocurrencies could be used to launder money and ...
According to Google Bitcoin is Dead
September 17th, 2015
Ever typed ‘Bitcoin’ into Google? Chances are you had some specific questions you wanted answered. CCN has learned that Google offers some interesting suggestions after typing ‘Bitcoin is’ into the Google search bar through their auto-complete function. When you ...
UBS reveals its interest in Sidechains as well as Ethereum
September 15th, 2015
There is an air of confidence about UBS at this time concerning the bank’s exploration of distributed ledger technology and smart contracts. Recently, UBS demonstrated how a bond could be automated on a blockchain, the shared ledger system similar ...
Video: Bitcoin’s blockchain technology explained in 2 minutes
September 11th, 2015
Bitcoin continues to be a controversial digital currency. But the financial world is buzzing about new applications for the blockchain, the underlying technology that makes Bitcoin possible. Here’s how it works. Source: MarketWatch – Video: Bitcoin’s blockchain technology explained ...
