Bitcoin Latest News
The Commonwealth Bank of Australia (CBA) plans to begin using the Ripple network to settle payments between its subsidiaries soon. Commonwealth Bank chief information officer David Whiteing revealed the large bank’s interest in Ripple technology yesterday during a speech at an event hosted by the Australian Information Industry Association (AIIA). Technology news outlet CIO reported Whiteing said, “Bitcoin is a protocol which is now being replicated by non-asset based vendors like Ripple and others. We absolutely see that’s where it’s going to go. The bank has a role to play in that.” “As a result, we have done a whole bunch of experiments with it. We are about to launch using Ripple as a means to transfer payments between our […]
The post Commonwealth Bank of Australia To Launch Ripple Payments Soon appeared first on Bitcoin Magazine.
Posted on 28 May 2015 | 10:56 am
Tembusu Systems Pte Ltd., a digital currency platform provider based in Singapore that counted Greece’s Finance Minister Yanis Varoufakis among its advisers, announced that it will soon begin implementing digital currency payments using its TRUST framework. According to the Tembusu website, Tembusu’s TRUST framework is a global infrastructure that lets verified individuals transfer and manage assets instantly, securely, simply and inexpensively. Based on blockchain technology, it enables payment using different currencies – real-world, digital or even gold and silver. The system was developed to integrate traditional currency platforms with the emerging blockchain technology that drives digital currencies such as bitcoin. “TRUST is taking its first step into getting widespread adoption and integration with existing systems,” said Tembusu co-founder and CEO […]
The post Tembusu Systems to Launch TRUST Digital Money Platform for Businesses and Governments appeared first on Bitcoin Magazine.
Posted on 28 May 2015 | 9:23 am
Bitcoin Press Release: Just launched Bitcoin Casino Vegascasino.io offers bettors and players an industry leading online betting and online gambling experience that is second to none. Vegascasino.io is a new player in the Bitcoin gambling market, but boasts an experienced team of professionals behind the platform. The team comes from a fiat currency gambling background running casinos, sportsbooks and poker for over a decade: It is a new and an exciting venture for us. Bitcoin popularity is growing every day and we want to make sure the industry has more trusted providers. We do our utmost to treat each customer individually and offer them the best service. To make sure all of their needs are met with the highest standards.“ […]
The post Vegascasino.io Launches Into The Bitcoin Casino And Online Gaming Markets appeared first on Bitcoin Magazine.
Posted on 28 May 2015 | 9:14 am
Posted on 28 May 2015 | 9:08 am
Posted on 28 May 2015 | 9:07 am
A new bill by proposed by two New Jersey assemblymen could mean tax and regulatory breaks for digital currency companies operating in the state. According to The Star-Ledger, the bill would lessen burdens for cryptocurrency companies in an attempt to incentivize job creation in the state. Proposed by Assemblyman Rai Mukherji (D-Hudson) and Assemblyman Gordon Johnson (D-Bergen), the 30-page bill would create a regulatory framework for digital currency companies to operate within as well. The bill comes two months after New Jersey’s Assembly Financial Institutions and Insurance committee held a two hour hearing about Bitcoin. The New Jersey Treasury officially recognized the digital currency in April when it wrote that digital currency transactions were subject to sales tax and would […]
The post New Bill Could Mean Lower Taxes For Bitcoin Startups in New Jersey appeared first on Bitcoin Magazine.
Posted on 28 May 2015 | 8:53 am
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European Bitcoin exchange BitStamp launched a pre-paid debit card that can be loaded with bitcoin on Wednesday. According to the London-based exchange, the debit card is accepted at anywhere major credit and debit cards are accepted. The card’s balance can be denominated either in British pounds, euros or American dollars. The debit card has three stages of verification, each with its own spending limit. The most basic stage requires no know-your-customer verification and allows for €2,500 worth of transactions annually. Government ID, proof of residence, and a certified source of funds document is required for the highest annual spending limit, €125,000. Crypto Debit Card The debit cards can be ordered now. They are first received in a digital form that […]
The post BitStamp Launches Bitcoin Debit Card For EU Citizens appeared first on Bitcoin Magazine.
Posted on 28 May 2015 | 8:39 am
Block Chain Summit, the exclusive bitcoin event held on Richard Branson's private island, has revealed a surprising advocate of blockchain technology. According to tweets from Necker Island, actress Lucy Liu – better known for her work in Hollywood blockbusters and Sherlock Holmes reboot Elementary – joined participants for a Skype discussion on how the blockchain could play a […]
Posted on 28 May 2015 | 4:56 am
Posted on 28 May 2015 | 2:44 am
A bill submitted to the New Jersey legislature proposes tax incentives for digital currency businesses that support local jobs.
Posted on 27 May 2015 | 5:06 pm
Posted on 27 May 2015 | 4:12 pm
An Australia-based sustainability think-tank has claimed that bitcoin could eventually consume 60% of annual global electricity production.
Posted on 27 May 2015 | 11:25 am
Bitcoin Price Range DecreasingCryptoCoinsNews
A longer-term view of the Bitcoin
price chart shows that the moving averages are more closely compressed – and aligned – than they have been in over a year. Price action has narrowed in range and is tending toward $240 and 1480 CNY. This analysis is ...
Posted on 27 May 2015 | 10:55 am
In March, after receiving more than 120 replies to a call for information on digital currencies, the U.K. government released a Treasury document titled “Digital Currencies: Response to the Call for Information,” which summarizes the submissions received and outlines the government’s views and proposed next steps. In particular, the government is launching a £10 million (U.S. $14.6 million) research initiative on digital currencies. One of the replies to the U.K. government call for information came from the global bank Citi. The bank is persuaded that digital money adoption is inevitable, and the U.K. government should consider issuing its own digital money, Finextra reports. The full text of the Citi document was obtained by CoinDesk via a Freedom of Information request. […]
The post Citi Persuaded that Digital Money is Inevitable, Encourages U.K. Government to Create its Own appeared first on Bitcoin Magazine.
Posted on 27 May 2015 | 10:26 am
Two New Jersey legislators have introduced a Digital Currency Jobs Creation Act that calls for tax breaks for bitcoin businesses.
Posted on 27 May 2015 | 9:44 am
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Kathryn Haun, Digital Currency Crimes Coordinator at the US Department of Justice, will discuss blockchain and transparency at Consensus 2015.
Posted on 27 May 2015 | 4:28 am
Posted on 26 May 2015 | 5:56 pm
The New Jersey Division of Consumer Affairs has reached a settlement with the students behind controversial hackathon project Tidbit.
Posted on 26 May 2015 | 4:13 pm
Nearly two years after initial filming began, the official trailer for the documentary "Life on Bitcoin" has been released.
Posted on 26 May 2015 | 3:02 pm
A new physical bitcoin center and brokerage has opened in Brasilia, the capital city of Brazil.
Posted on 26 May 2015 | 1:46 pm
The UK government should apply regulation to bitcoin wallets, multinational management consulting company Accenture has advised.
Posted on 26 May 2015 | 1:05 pm
One of Canada’s first companies to launch Bitcoin ATMs across the country is expanding its fleet of Lamassu-brand ATMs to Vancouver, British Columbia’s Simon Fraser campus bookstores in Vancouver, Surrey and Burnaby. BitSent now has Bitcoin ATMs in 11 locations across the country and is looking to expand internationally in 2015. While other Bitcoin companies are experimenting with newer technology such as QuadrigaCX’s SumoPro Bitcoin ATMs, BitSent has chosen to stick with the Lamassu model despite some hiccups in the operation and maintenance of the earlier models. Their Simon Fraser Bookstore locations will also be the first university bookstore to accept bitcoin as payment for books and other products carried in their stores. Mike Yeung, the founder of the Simon Frazer University […]
The post BitSent Expands its Fleet of Bitcoin ATMs to British Columbia’s Simon Fraser University appeared first on Bitcoin Magazine.
Posted on 26 May 2015 | 11:55 am
Banks need to understand blockchain technology, according to the chairman of the European Banking Association working group.
Posted on 26 May 2015 | 6:28 am
British Columbia's Simon Fraser University (SFU) announced today that its official campus bookstore would begin accepting bitcoin payments.
Posted on 25 May 2015 | 2:20 pm
Posted on 25 May 2015 | 1:01 pm
Global online payment processor Payza has said its bitcoin transactions have been rising steadily by about 20% per month.
Posted on 25 May 2015 | 6:30 am
Two of bitcoin's biggest names, Roger Ver and exchange OKCoin, are engaged in a dispute over the Bitcoin.com domain, amid accusations over contracts.
Posted on 25 May 2015 | 4:22 am
A review of Nathaniel Popper's new book 'Digital Gold: Bitcoin and the inside story of the misfits and millionaires trying to reinvent money'.
Posted on 24 May 2015 | 8:23 am
What might the new UK government's plans for bitcoin regulation look like and is it capable of creating a bitcoin hub?
Posted on 23 May 2015 | 5:00 am
This week, The New York Times, Wall Street Journal and Bloomberg all gave bitcoin the spotlight with lengthy reports and coverage.
Posted on 22 May 2015 | 5:06 pm
The first fund to offer bitcoin investment as part of a bespoke portfolio has launched on global derivatives trading platform IG.
Posted on 22 May 2015 | 10:40 am
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