When the director of Bitcoin Foundation, Jon Matonis visited Auckland, he defended the virtual currency by saying that there are many good things that the currency achieved which is far more pivotal than the notoriety it gained due to cheaters. The digital currency was subjected to brutal attack by the…
The news is finally out that all the companies dealing in virtual currency will now have to operate under the purview of BitLicense if they want to practice in New York State. If the regulation system works well, this regulation would be implemented across other states as well. Ben Lawsky,…
PayPal has just recently been indicted for malpractices when they enrolled customers into credit programs without their consent or knowledge. This made the customers responsible for the credits on their account they never really asked for. Credit programs have an impact on your credit scores and the Consumer Financial Protection…
This comes as good news to all the tech and digital currency enthusiasts that Bitcoin has achieved yet another milestone inching it closer to legitimacy. On last Monday May 18th , an exciting announcement was made that cheered the bitcoin community that bitcoin based security that comes under the purview…
Bitcoin is a path breaking technology that is speculated to change the way money has been handled so far around the world. However, despite its utility as a digital virtual currency, it is not entirely free from all the risks. Although, after spending months being scrutinized by Australian Senate Inquiry,…
Another bitcoin exchange dispatched yesterday in Sydney, Australia, with an intend to enhancing general purchaser trust in the computerized coin market. Called Independent Reserve, the exchange is advertising both itself and its Australian base as secure and decently managed, saying the nation’s AAA FICO assessment and political strength made it…
Coinify has proclaimed Associate in Nursing covert venture funding spherical, similarly as a string of strategic deals that aim to position it because the leading bitcoin services company for the ecu market. Based in Scandinavian country, Coinify noninheritable a portfolio of services from established market players in might, getting established…
This Monday, The CryptoCurrency Certification Consortium (C4), a non-profit based out of Toronto announced the opening of the world’s first Bitcoin certification program. Apart from the MOOC and the MSC in digital currencies lectured by the University of Nicosia C4 becomes the first institution to open up certification programs in the…
Russia is set to become the latest country to restrict virtual currencies such as Bitcoin, after a top official announced that a law will be passed banning their exchange into real money by next spring due to their use by criminals and terrorists. “People can play with their chips, and…
