Politicians shy away from bitcoin contributions

WASHINGTON ?? Bitcoin hasn't yet become the currency of choice in federal political campaigns.Rep. Jared Polis, D-Colo., appears to be the only House member or candidate who has accepted the computer-generated currency since federal regulators first approved its use as political donations in early May, a USA TODAY analysis of new campaign reports show.Polis, an enthusiastic bitcoin backer, collected nearly $3,671 worth of bitcoin, the review of April-through-June reports shows.The Libertarian National Committee raised a little more than $2,300...

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Why Bitcoin Has Real Potential To Upend The Legacy Payments System

Bitcoin is most often discussed as a volatile digital currency. But where Bitcoin’s real value lies is as a payments technology that has the potential to revolutionise the legacy payments industry.Bitcoin offers merchant a low-cost payments system, and consumers a virtually frictionless payments experience. Value can easily be transferred around the world without transmitting sensitive information that could be used for fraud, and without forcing merchants to pay extortionate transaction fees.But, while the emergence of Bitcoin brings with it numerous...

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New York seeking Bitcoin regulations: anonymity at stake

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Shopify Announces Pinterest Rich Pins and New Bitcoin Payment Option

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New York unveils Bitcoin license rules

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New York Proposes First State Regulations for Bitcoin

[fivefilters.org: unable to retrieve full-text content] New York State’s top financial regulator has taken a big step to bring Bitcoin and other virtual currencies under its purview. On Thursday, Benjamin M. Lawsky, the superintendent of financial services, announced proposed regulations for virtual currency ... July 17, 2014 at 02:08PMLatest Bitcoin News | BTC/LTC Robot | Mining ASICS | BTC Debit C...

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Regina's first-ever Bitcoin ATM unveiled

A global experiment with digital money has arrived in Regina.The city’s first-ever Bitcoin ATM was unveiled Thursday at Triffon’s Pizza on Kramer Boulevard in south Regina.The machines have been slowly popping up in cities across Canada as Bitcoin, a digital currency mainly used for online purchases, grows in popularity.Saskatchewan’s first Bitcoin ATM was launched earlier this year in Saskatoon, and there are plans for three more machines in Regina over the next few months.July 17, 2014 at 04:12PMLatest Bitcoin News | BTC/LTC Robot | Mining ASICS...

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CloudHashing to Give Away Another Bitcoin Mining Contract on Twitter

Bitcoin mining giant CloudHashing will be awarding one lucky winner a free Silver contract (MSRP: $999.00) AUSTIN, TX (PRWEB) July 17, 2014 (PRWEB) July 17, 2014CloudHashing aims to make Bitcoin mining simple, affordable and profitable for clients across the globe. It utilizes an integrated network of mining stations with advanced ASIC technology to give clients a seamless mining experience. With a Bitcoin mining contract from CloudHashing, miners can grow their Bitcoin wallets easily and efficiently. The company is based in Texas and is a subsidiary...

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Bitcoin Girl: Virtual Currency Inspires This Ridiculous Music Video

createSummaryAndThumb("summary6140898838441313779...

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New York proposes regulations for bitcoin

ALBANY, N.Y. (AP) — State regulators trying to curb money laundering and safeguard investors on Thursday proposed a special set of rules for firms involved in trading and storing virtual currencies.New York is the first state to propose issuing separate regulations for virtual currencies, demonstrating the importance regulators attach to the fledgling field. New York City is home to several startups dealing in bitcoin, the most popular virtual currency, and some Wall Street firms are edging into the field as well.Some industry firms vowed to comply....

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New York Proposes First State Regulations for Bitcoin

[fivefilters.org: unable to retrieve full-text content] New York State’s top financial regulator has taken a big step to bring Bitcoin and other virtual currencies under its purview. On Thursday, Benjamin M. Lawsky, the superintendent of financial services, announced proposed regulations for virtual currency ... July 17, 2014 at 02:08PMLatest Bitcoin News | BTC/LTC Robot | Mining ASICS | BTC Debit C...

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Bitcoin Girl: Virtual Currency Inspires This Ridiculous Music Video

createSummaryAndThumb("summary4611594126620782286...

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New York proposes regulations for bitcoin

ALBANY, N.Y. (AP) — State regulators trying to curb money laundering and safeguard investors on Thursday proposed a special set of rules for firms involved in trading and storing virtual currencies.New York is the first state to propose issuing separate regulations for virtual currencies, demonstrating the importance regulators attach to the fledgling field. New York City is home to several startups dealing in bitcoin, the most popular virtual currency, and some Wall Street firms are edging into the field as well.Some industry firms vowed to comply....

Read More

New York Proposes First State Regulations for Bitcoin

[fivefilters.org: unable to retrieve full-text content] New York State’s top financial regulator has taken a big step to bring Bitcoin and other virtual currencies under its purview. On Thursday, Benjamin M. Lawsky, the superintendent of financial services, announced proposed regulations for virtual currency ... July 17, 2014 at 02:08PMLatest Bitcoin News | BTC/LTC Robot | Mining ASICS | BTC Debit C...

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CloudHashing to Give Away Another Bitcoin Mining Contract on Twitter

AUSTIN, Texas, July 17, 2014 (GLOBE NEWSWIRE) -- via PRWEB - CloudHashing aims to make Bitcoin mining simple, affordable and profitable for clients across the globe. It utilizes an integrated network of mining stations with advanced ASIC technology to give clients a seamless mining experience. With a Bitcoin mining contract from CloudHashing, miners can grow their Bitcoin wallets easily and efficiently. The company is based in Texas and is a subsidiary of peer-to-peer company PeerNova. CloudHashing recently hosted the giveaway of one Silver contract...

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Bitcoin Girl: Virtual Currency Inspires This Ridiculous Music Video

createSummaryAndThumb("summary158420771744722414...

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New York proposes regulations for bitcoin

ALBANY, N.Y. (AP) — State regulators trying to curb money laundering and safeguard investors on Thursday proposed a special set of rules for firms involved in trading and storing virtual currencies.New York is the first state to propose issuing separate regulations for virtual currencies, demonstrating the importance regulators attach to the fledgling field. New York City is home to several startups dealing in bitcoin, the most popular virtual currency, and some Wall Street firms are edging into the field as well.Some industry firms vowed to comply....

Read More

New York Proposes First State Regulations for Bitcoin

[fivefilters.org: unable to retrieve full-text content] New York State’s top financial regulator has taken a big step to bring Bitcoin and other virtual currencies under its purview. On Thursday, Benjamin M. Lawsky, the superintendent of financial services, announced proposed regulations for virtual currency ... July 17, 2014 at 02:08PMLatest Bitcoin News | BTC/LTC Robot | Mining ASICS | BTC Debit C...

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Bitcoin just got bigger in SA

Up to 30,000 online merchants in South Africa can now accept digital currency Bitcoin, through a partnership between local Bitcoin exchange BitX and payment gateway, Payfast.The system is currently in beta testing mode, according to Payfast, but sellers can already start accepting Bitcoin payments from local and international buyers.“What makes this different from most Bitcoin platforms/transactions, is that while buyers will make a Bitcoin payment,...

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New York Looking to Regulate Bitcoin Businesses

New York Looking To Regulate Bitcoin There is news out today that New York is looking to regulate Bitcoin, there is a focus on protecting the consumer, while also making sure that cybersecurity is in place along with anti money laundering compliance.Mary Beth Quirk wrote on The Consumerist:New York has taken a step in the direction of keeping consumers’ safe with a proposed plan that sets up a regulatory framework for any business dealing with bitcoins....

Read More

CloudHashing to Give Away Another Bitcoin Mining Contract on Twitter

AUSTIN, Texas, July 17, 2014 (GLOBE NEWSWIRE) -- via PRWEB - CloudHashing aims to make Bitcoin mining simple, affordable and profitable for clients across the globe. It utilizes an integrated network of mining stations with advanced ASIC technology to give clients a seamless mining experience. With a Bitcoin mining contract from CloudHashing, miners can grow their Bitcoin wallets easily and efficiently. The company is based in Texas and is a subsidiary of peer-to-peer company PeerNova. CloudHashing recently hosted the giveaway of one Silver contract...

Read More

New York's proposed Bitcoin rules include consumer protections

createSummaryAndThumb("summary1322684682329225219...

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Bitcoin Girl: Virtual Currency Inspires This Ridiculous Music Video

createSummaryAndThumb("summary8301558736723737759...

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New York proposes regulations for bitcoin

ALBANY, N.Y. (AP) — State regulators trying to curb money laundering and safeguard investors on Thursday proposed a special set of rules for firms involved in trading and storing virtual currencies.New York is the first state to propose issuing separate regulations for virtual currencies, demonstrating the importance regulators attach to the fledgling field. New York City is home to several startups dealing in bitcoin, the most popular virtual currency, and some Wall Street firms are edging into the field as well.Some industry firms vowed to comply....

Read More

Bitcoin just got bigger in SA

Up to 30,000 online merchants in South Africa can now accept digital currency Bitcoin, through a partnership between local Bitcoin exchange BitX and payment gateway, Payfast.The system is currently in beta testing mode, according to Payfast, but sellers can already start accepting Bitcoin payments from local and international buyers.“What makes this different from most Bitcoin platforms/transactions, is that while buyers will make a Bitcoin payment,...

Read More

New York proposes regulations for bitcoin

ALBANY, N.Y. (AP) — State regulators trying to curb money laundering and safeguard investors on Thursday proposed a special set of rules for firms involved in trading and storing virtual currencies.New York is the first state to propose issuing separate regulations for virtual currencies, demonstrating the importance regulators attach to the fledgling field. New York City is home to several startups dealing in bitcoin, the most popular virtual currency, and some Wall Street firms are edging into the field as well.Some industry firms vowed to comply....

Read More

New York Proposes First State Regulations for Bitcoin

[fivefilters.org: unable to retrieve full-text content] New York State’s top financial regulator has taken a big step to bring Bitcoin and other virtual currencies under its purview. On Thursday, Benjamin M. Lawsky, the superintendent of financial services, announced proposed regulations for virtual currency ... July 17, 2014 at 02:08PMLatest Bitcoin News | BTC/LTC Robot | Mining ASICS | BTC Debit C...

Read More

Bitcoin just got bigger in SA

Up to 30,000 online merchants in South Africa can now accept digital currency Bitcoin, through a partnership between local Bitcoin exchange BitX and payment gateway, Payfast.The system is currently in beta testing mode, according to Payfast, but sellers can already start accepting Bitcoin payments from local and international buyers.“What makes this different from most Bitcoin platforms/transactions, is that while buyers will make a Bitcoin payment,...

Read More

New York state proposes sweeping Bitcoin regulations—and they’re strict

createSummaryAndThumb("summary8257394921738666465...

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New York Looking to Regulate Bitcoin Businesses

New York Looking To Regulate Bitcoin There is news out today that New York is looking to regulate Bitcoin, there is a focus on protecting the consumer, while also making sure that cybersecurity is in place along with anti money laundering compliance.Mary Beth Quirk wrote on The Consumerist:New York has taken a step in the direction of keeping consumers’ safe with a proposed plan that sets up a regulatory framework for any business dealing with bitcoins....

Read More

New York Proposes First State Regulations for Bitcoin

[fivefilters.org: unable to retrieve full-text content] New York State’s top financial regulator has taken a big step to bring Bitcoin and other virtual currencies under its purview. On Thursday, Benjamin M. Lawsky, the superintendent of financial services, announced proposed regulations for virtual currency ... July 17, 2014 at 01:49PMLatest Bitcoin News | BTC/LTC Robot | Mining ASICS | BTC Debit C...

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World Bank Report: Bitcoin is a ‘Naturally Occurring’ Ponzi

[fivefilters.org: unable to retrieve full-text content] A recently published World Bank policy research working paper on Ponzi schemes mentions bitcoin as a “naturally occurring Ponzi”, clarifying that it has nothing to do with deliberate Ponzi schemes, as some bitcoin critics have claimed. Kaushik Basu ... July 17, 2014 at 01:41PMLatest Bitcoin News | BTC/LTC Robot | Mining ASICS | BTC Debit C...

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New York state proposes sweeping Bitcoin regulations—and they’re strict

createSummaryAndThumb("summary7344984011024929391...

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New York’s New Bitcoin Rules Are Going to Kill Its Startups

New York State has released a first draft of its much-anticipated plan to regulate bitcoin and other virtual currencies, and at first blush, they look like they were written for the 19th century banking industry, not the modern fast-changing world of crypto currencies. The guy responsible for the rules, Benjamin Lawsky, has a fine line to walk. Bitcoin, after all, came of age as a lubricant for illegal activity on the Silk Road. But today, a new generation of bitcoin startups are coming of age with millions of dollars in backing from legitimate...

Read More

New York's proposed Bitcoin rules include consumer protections

createSummaryAndThumb("summary7687721560261520734...

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New York state proposes sweeping Bitcoin regulations—and they’re strict

createSummaryAndThumb("summary1155093236047101570...

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New York Proposes First State Regulations for Bitcoin

[fivefilters.org: unable to retrieve full-text content] New York State’s top financial regulator has taken a big step to bring Bitcoin and other virtual currencies under its purview. On Thursday, Benjamin M. Lawsky, the superintendent of financial services, announced proposed regulations for virtual currency ... July 17, 2014 at 01:22PMLatest Bitcoin News | BTC/LTC Robot | Mining ASICS | BTC Debit C...

Read More

New York’s New Bitcoin Rules Are Going to Kill Its Startups

New York State has released a first draft of its much-anticipated plan to regulate bitcoin and other virtual currencies, and at first blush, they look like they were written for the 19th century banking industry, not the modern fast-changing world of crypto currencies. The guy responsible for the rules, Benjamin Lawsky, has a fine line to walk. Bitcoin, after all, came of age as a lubricant for illegal activity on the Silk Road. But today, a new generation of bitcoin startups are coming of age with millions of dollars in backing from legitimate...

Read More

New York's proposed Bitcoin rules include consumer protections

createSummaryAndThumb("summary5608049094716021275...

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World Bank economist calls bitcoin a ‘naturally occurring’ Ponzi

Staunch critics of bitcoin have labelled the digital currency as a Ponzi scheme – economist Gary North went into great detail outlining a list of reasons why the popular cryptocurrency is one. Financial institutions, think-tank organizations and economic analysts have also called it a Ponzi scheme. But is it possible for the digital currency to be a “naturally occurring” Ponzi?According to a recent report authored by authored by Kaushik Basu, a World Bank economist, entitled “Ponzis: The Science and Mystique of a Class of Financial Frauds,” it’s...

Read More

New York state proposes sweeping Bitcoin regulations—and they’re strict

createSummaryAndThumb("summary4267626001416784551...

Read More

New York’s New Bitcoin Rules Are Going to Kill Its Startups

New York State has released a first draft of its much-anticipated plan to regulate bitcoin and other virtual currencies, and at first blush, they look like they were written for the 19th century banking industry, not the modern fast-changing world of crypto currencies. The guy responsible for the rules, Benjamin Lawsky, has a fine line to walk. Bitcoin, after all, came of age as a lubricant for illegal activity on the Silk Road. But today, a new generation of bitcoin startups are coming of age with millions of dollars in backing from legitimate...

Read More

New York's proposed Bitcoin rules include consumer protections

createSummaryAndThumb("summary352639435279652260...

Read More

World Bank economist calls bitcoin a ‘naturally occurring’ Ponzi

Staunch critics of bitcoin have labelled the digital currency as a Ponzi scheme – economist Gary North went into great detail outlining a list of reasons why the popular cryptocurrency is one. Financial institutions, think-tank organizations and economic analysts have also called it a Ponzi scheme. But is it possible for the digital currency to be a “naturally occurring” Ponzi?According to a recent report authored by authored by Kaushik Basu, a World Bank economist, entitled “Ponzis: The Science and Mystique of a Class of Financial Frauds,” it’s...

Read More

New York State proposes sweeping Bitcoin regulations—and they’re strict

createSummaryAndThumb("summary4596722701814005941...

Read More

New York’s New Bitcoin Rules Are Going to Kill Its Startups

New York State has released a first draft of its much-anticipated plan to regulate bitcoin and other virtual currencies, and at first blush, they look like they were written for the 19th century banking industry, not the modern fast-changing world of crypto currencies. The guy responsible for the rules, Benjamin Lawsky, has a fine line to walk. Bitcoin, after all, came of age as a lubricant for illegal activity on the Silk Road. But today, a new generation of bitcoin startups are coming of age with millions of dollars in backing from legitimate...

Read More

New York's proposed Bitcoin rules include consumer protections

createSummaryAndThumb("summary2822104024549195446...

Read More

World Bank economist calls bitcoin a ‘naturally occurring’ Ponzi

Staunch critics of bitcoin have labelled the digital currency as a Ponzi scheme – economist Gary North went into great detail outlining a list of reasons why the popular cryptocurrency is one. Financial institutions, think-tank organizations and economic analysts have also called it a Ponzi scheme. But is it possible for the digital currency to be a “naturally occurring” Ponzi?According to a recent report authored by authored by Kaushik Basu, a World Bank economist, entitled “Ponzis: The Science and Mystique of a Class of Financial Frauds,” it’s...

Read More