currency

Bitcoin: Banks are worryingly complacent about the coming digital currency storm
bitcoinexchangenews.com

The financial services industry is dangerously complacent in its approach to digital money. Some of the major banks almost look like they fear technological change that promises greater transparency, efficiency and security at a lower cost. Too many …

3
Like
Save
Chinese officials discuss bitcoin and their own digital currency
bitcoinexchangenews.com

Bitcoin has been an attractive method for Chinese investors to bypass strict capital controls and the price is sensitive to the prospect of a slice of the $US22 trillion in Chinese deposits finding its way into the five-year-old $US3 billion bitcoin …

3
Like
Save
Bitcoin Developer Mike Hearn Calls Digital Currency A Failure: Is Bitcoin …
bitcoinexchangenews.com

According to Mike Hearn, a major Bitcoin developer, the Bitcoin currency is a failed project. In fact, Hearn has even taken the steps to sell all of his Bitcoin, and he's ready to step away from the currency for good. "What was meant to be a new …

2
Like
Save
Concerns Mount Amid Issues at Digital Currency Exchange Cryptsy
bitcoinexchangenews.com

Many of these complaints have filtered throughout social media, sparking speculation that the exchange is set to follow in the footsteps of Mt Gox, the Japanese bitcoin exchange that shut its doors and later declared bankruptcy after potentially losing …

2
Like
Save
Does Netflix have bitcoin currency on global roadmap?
bitcoinexchangenews.com

Is digital currency bitcoin in Netflix's (NASDAQ:NFLX) future as the Internet video streamer goes global? Netflix on Jan. 6 announced its expansion to 130 new countries, bringing its total to 190 countries worldwide. The same day, CFO David Wells …

1
Like
Save
Cryptocurrency roundup: Bitcoin developers create new digital currency …
bitcoinexchangenews.com

Bitcoin wallet and exchange company Coinbase went offline over the weekend following a denial-of-service (DDoS) attack. According to TechWorm, two hackers–@L7Crew and @An0CBR—claimed to have brought down Coinbase's main website. The San …

1
Like
Save
Virtual currency (bitcoin) exchanges for traditional currencies are VAT-exempt
bitcoinexchangenews.com

The Court of Justice of the European Unio (CJEU) ruled on October 22, 2015 in case C-264/14 that transactions to exchange bitcoins for traditional currencies, in the meaning of Council Directive 2006/112/EU (the “VAT Directive”), are tantamount to …

1
Like
Save
Bitcoin: Currency, Property, and Now, Commodity
bitcoinexchangenews.com

In September 2015, the Commodity Futures Trading Commission (CFTC) issued an order filing and settling charges against a cryptocurrency company for conducting commodity options-related activity without complying with applicable regulations. The order …

2
Like
Save