Bitcoin

UK Treasury Won't Seek AML Rules for Bitcoin Wallet Providers
bitcoinexchangenews.com

The UK Treasury has said that it won't seek to impose anti-money laundering (AML) rules on digital currency wallet providers in a bid to avoid overburdening those services. The remarks were issued last week in a report that detailed the UK government's …

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BTCC Bitcoin Mining Pool Launches International Service
bitcoinexchangenews.com

BTCC Pool, one of the leading bitcoin mining pools in the world, has announced the launch of its international service. The mining pool has deployed servers in strategic locations that enable its customers to rapidly connect to the pool from all seven …

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Bitcoin mining is about to become a lot less profitable
bitcoinexchangenews.com

Well, that's what's soon going to happen to those who make money from Bitcoin mining, the process of earning the online currency Bitcoin. The current expected date for this change is 11 July 2016. Many see this as the day when Bitcoin prices will …

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Europe launches its first licensed bitcoin exchange to make trading safer
bitcoinexchangenews.com

Luxembourg has granted a license to bitcoin exchange Bitstamp making it Europe's first fully regulated payment institution for the cryptocurrency with expectations high that an extra layer of legitimacy could lead more people to trade bitcoin. Bitstamp …

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Bitcoin Market Update for April 25, 2016
bitcoinexchangenews.com

Bitcoin Market Update for April 25, 2016. By B.P.T., on April 25th, 2016. The 24 hour average across USD Bitcoin markets is US$462.89, the 7 day average is US$450.16, and the 30 day average is US$433.22. Among active exchanges, the most volatile …

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UK looking at bitcoin technology for tracking taxpayer money, says minister
bitcoinexchangenews.com

The UK government is exploring using the blockchain technology that underpins the bitcoin currency to increase efficiency in the distribution of taypayers' money such as grants, a minister said on Tuesday. A blockchain works as a decentralised ledger …

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BitPay announces Coinbase integration with their bitcoin wallet, Copay
bitcoinexchangenews.com

According to a recent blog post, it seems like BitPay is taking yet another step forward towards providing better services for their customers. With this in mind, Copay, their open source, multi-signature wallet has a new feature meant to allow users …

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Explain it like I'm Five – Bitcoin Mining Difficulty Level
bitcoinexchangenews.com

Bitcoin mining is now carried out using specialized equipment called Application Specific Integrated Circuits (ASICs) which are custom-built for the purpose. They have specialized circuits that churn out a lot of processing power. As technology …

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