CheapAir Allows Travel to Cuba, Payment with Bitcoin

CheapAir, the first mainstream online travel agency to offer customers the option to pay in bitcoin, litecoin and dogecoin, is now first U.S. company to provide its customers the opportunity to fly to Cuba.Although recent changes have lifted many travel restrictions to Cuba, there are still limitations.CheapAir’s website reads:“U.S. citizens and residents are only permitted to travel to Cuba for one of 12 authorized reasons. They are:family visitsofficial...

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MGT Capital Investments, Tera Group to Create First Publicly Traded US Bitcoin Derivatives Exchange

MGT Capital Investments announced a planned merger with Tera Group, which operates the first regulated U.S. Bitcoin derivatives exchange. The merger will create the first publicly traded U.S. Bitcoin derivatives exchange.As observed by The Wall Street Journal, this is a reverse merger where Tera will take a controlling stake in MGT. Tera doesn’t seem too interested in MGT’s gaming operations, so the operation is primarily a way for Tera to go public....

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Bitcoin Investment Trust Becomes the First Publicly Traded Bitcoin Fund

The Wall Street Journal reports that Barry Silbert’s Bitcoin Investment Trust (BIT) is about to become the first publicly traded Bitcoin fund. The BIT will be an interesting option for traditional investors looking for exposure to Bitcoin who prefer not to trade Bitcoin as currency. The BIT is sponsored by Grayscale Investments, a part of Silbert’s Digital Currency Group.Currently, the BIT, launched in 2013, is a private, open-ended trust that is...

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Bitcoin Giving Back: This Week on Decentral Talk Live

by Bitcoin Magazine Staff on March 2, 2015 { } A common theme among bitcoiners is the desire to make the world a better place. This week, Decentral Talk Live focuses on a couple of organizations that are trying to do just that.Connie Gallippi is the Founder and Executive Director of the BitGive Foundation and a founding member of the Women’s Crypto Association. This week on DTL, Connie describes some of the many projects that the BitGive Foundation...

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Quebec Attacks Bitcoin Startups with New Regulations

If you operate an exchange, bitcoin automated teller machine or any other money services operation that does business with Quebec residents, you will need to comply with its updated Money Services Businesses Act regardless of where in the world you are based.This new policy document was first made public on February 1, 2015 (updated to March 1, 2015), and experts have been trying to determine what it means for bitcoin businesses both within Quebec...

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