• The ambitions of a Melbourne-based bitcoin mining pool, Bitcoin Group, to go public has have have been put on hold by the country’s regulators. The company announced back in October of 2014 that they are pursuing an IPO on the Australian Securities Exchange (ASX), around to the Sydney Morning Herald. But a stop order on pre-prospectus publications by the mining company has been issued by the Australian Securities & Investments Commission (ASIC), has put a

    Australian Regulators Issue Stop Order For Bitcoin Mining Company’s Pre-Prospectus Publications

    | 2015/02/13 4:24 pm
  • “Only mathematicians can “prove” things using pen and paper. The rest of us have to take our ideas pragmatically into the real world and see what works.” David Brin in The Transparent Society (1998) I don’t currently have a car, so when my VA appointments in Little Rock happen, I take the Disabled American Veterans van, which is a volunteer operated transportation service affiliated with the VA. One of the drivers in my town has

    On Reception and Publicity, The True Value of Bitcoin

    | 2015/02/12 3:00 pm
  • On Wednesday, February 4, Ben Lawsky, the Superintendent of the New York Department of Financial Services (NYDFS), released the revised version of the infamous BitLicense. This piece of regulation will require all Bitcoin businesses in New York that deal with transmitting Bitcoin, and exchanging it for fiat, to obtain a license. Holding a license will require businesses to comply with several stipulations, the major ones being capital requirements, record keeping standards, an Anti Money Laundering

    BitLicense Revisions

    | 2015/02/09 9:00 pm
  • While countries like Bangladesh and Ecuador are outright banning bitcoin and other digital currencies, Italy has taken an interesting first stance on the matter. In a notice on virtual currencies, published on January 30, the Central Bank of Italy acknowledged the use of virtual currencies as legal in their country. The Central Bank of Italy started off their notice with an explanation of digital currency, then noted that the Financial Action Task Force (FATF) published

    Central Bank of Italy Acknowledges Bitcoin Exchanges with Interesting AML Twist

    | 2015/02/06 8:00 am
  • The last several days have been rough and tumble both for the Bitcoin fiat valuation and the new, supposedly regulated Coinbase Exchange. As mentioned by CoinDesk earlier in the week, California regulators are taking exception to the idea that they have given approval for Coinbase’s operation. When probed on the matter, Coinbase spokesman James Watkins said: “The Exchange is also available to users in California and New York. These states fall into a regulatory gray

    Coinbase Under Scrutiny After Regulatory Claims Disputed

    | 2015/01/31 8:00 am
  • It seems as though financial figures from all over are beginning to take note of bitcoin, especially with the recent news of regulated exchanges. Every day, people are starting to see bitcoin appear in the headlines either from companies adopting it, its price rallying or falling, or making waves in the financial regulation sector. However, education on the short history still seems to be an issue for people looking to learn all they can about

    Stetson University Analyzes Bitcoin

    | 2015/01/28 8:00 am
  • Coinbase Invites Traders to the Moon with New, Regulated Exchange Coinbase has reinvigorated the Bitcoin market with news that today, Monday the 26th of January, they are launching a new, regulated exchange called Lunar. At the beginning of last month, Coinbase expanded its regular wallet services to include US dollar wallets for people in 16 US states. Since then, they’ve gotten approval in another eight. The wallet service is funded and withdrawn from regular US

    Coinbase Invites Traders to the Moon

    | 2015/01/26 1:04 pm
  • The North American Bitcoin Conference got off to a good start on January 17th, despite the tumbling value of Bitcoin in the last couple weeks. The presentations and panels were loaded with heavy weights in the industry, including Jeff Garzik of Bitpay, Henry Yeh of Binary Financial, Dan Morehead of Pantera Capital, as well Sam Dastyari an, Australian Senator, and many others. Several new innovations were on display as well, with Ledger Wallet showing off

    North American Bitcoin Conference Kicks Off, Brings Networking and New Idea Rollouts

    | 2015/01/19 7:04 am
  • At the beginning of 2014, Wedbush Securities, a financial services and investment firm, decided to accept Bitcoin. A month later, the company released a research paper saying that speculation and trading on Bitcoin’s volatility, attributes regarded by most as holding back the currency, were actually its first killer app. The paper also noted that the currency would either be worth zero dollars or a million dollars. Since then, the institution has only increased their involvement

    WedBush Securities Is Looking For A Bitcoin Director

    | 2015/01/14 8:00 am
  • The original Silk Road was taken down over a year ago and the trial its supposed founder will start Tuesday. The man the FBI arrested for running the first online marketplace was a computer geek and libertarian, named Ross Ulbricht. Ulbricht is facing multiple charges, including drug trafficking and money laundering to hacking and criminal enterprise. In the two years, the site was operational; it was reported it earned over 80 million dollars in bitcoins,

    Ross Ulbricht Trial to Start Tuesday

    | 2015/01/13 9:00 pm
  • This is the third article in our series summarizing the Bitcoin Conference St. Petersburg, Russia, which took place in early December of 2014. The information in our summary series comes from a report received from a conference attendee. In the first article, we gave a general overview of the conference and summarized the speech given by Alex Fork. In the second article, we summarized the second speech of Bitcoin Conference St. Petersburg, which was given

    Bitcoin Conference St. Petersburg Part 3

    | 2015/01/05 3:00 pm
  • The Bitcoin Alliance of Canada has announced the resignation of Executive Director Anthony Di Iorio. Di Iorio served as Executive Director of the Bitcoin Alliance of Canada since it was formed in 2012, during which he helped spread awareness of Bitcoin across Canada. Di Iorio has stepped down from his position as Executive Director and as a member of the Board. In his time as Executive Director, Di Iorio was responsible for successfully organizing Canada’s first Bitcoin conference, and

    Bitcoin Alliance of Canada Appoints Interim Executive Director

    | 2015/01/04 8:00 am
  • This article is the second part of our coverage of Bitcoin Conference St. Petersburg, Russia. In the last article, we gave a general overview of the conference as well as a summary of the lecture given by Alex Fork, the first speaker of the conference. In this article, we will summarize the speech of Michael Chobanian, the founder of the Kuna Bitcoin Agency. Michael Chobanian: The Efficacy of Bitcoin Organizations Michael Chobanian is the founder

    Bitcoin Conference St. Petersburg 2014 Part 2

    | 2015/01/03 8:00 am
  • Conference of State Bank Supervisors (CSBS) is a 100-year-old trade organization for state regulators that primarily concerns itself with representing state regulators interests and dealing with issues facing the industry to federal and state authorities. One of their primary invitations is advocating consistent regulations among the financial industry from state to state. The organization announced a new focus on emerging financial technologies in February of 2014. They formed a task force for emerging payment systems

    Bitcoin Regulation Is Still Far Away For America

    | 2014/12/31 9:00 pm