IMF describes ‘Virtual Currency schemes,’ including Bitcoin, to the World Economic Forum
Christine Lagarde recently presented “[Virtual Currencies and Beyond: Initial Considerations](http://www.imf.org/external/pubs/ft/sdn/2016/sdn1603.pdf),” at the World Economic Forum in Davos, Switzerland.
North Carolina ripe for Bitcoin startups
Not only has North Carolina recently led all other states at economic development targeting startups, even their new money transmitter rules have been overhauled to attract bitcoin business, exempting certain bitcoin exchanges and administrators.
IMF ‘unable’ to supply the currency needed to counter speculative attack using bitcoin
According to IMF chief Christine Lagarde, the IMF does not see bitcoin as a threat. However, as bitcoin liquidity continues growing, speculative attacks using the digital currency become more likely.
Bitcoin at the crossroads: There is a race to regulate Bitcoin. Is it too soon?
Bitcoin has captured the imagination of consumers and businesses around the world as a major breakthrough in how value is exchanged. The Bitcoin âblockchainâ is a fundamental breakthrough in computer science that solves what seemed to be an unsolvable problem: how to ensure that a digital transaction happens only once. Yet there is a critical question that is hanging over Bitcoin, potentially slowing the pace of innovation, and adoption i.e., how will Bitcoin be regulatedâ?
De-Banking Is Spreading: Commonwealth Investigates Using Digital Currencies to Solve Problems
The legacy remittance market is in trouble and the problem is spreading, banks are closing remittance providers' accounts, forcing people to either pay more or turn to underground operators.
New York Bitcoin Industry Recovering After BitLicence Fallout
itBit received it’s Trust Charter in May this year, which made the company the first Bitcoin Exchange to operate as a Trust Company in New York State. On Thursday, the Winklevoss twins launched their exchange, having also received regulatory approval.
Mexico Already Banned A Range Of Cash Purchases, Now Bitcoin Is Included
At present, bitcoin companies are emerging and evolving in Mexico, however, new rules will apply to the digital currency.
Op-Ed: An Open Letter To Our Politicians
Paul Puey is Co-Founder and CEO of AirBitz, a blockchain inspired, decentralized, open source, zero knowledge global information security solution.
Poland Ministry of Finance Calls for EU-Level Bitcoin Regulation
Polandâs Ministry of Finance provided a written statement in response to a request for information filed by two Polish Members of Parliament (MPs), Jan Warzecha and Bogdan RzoÅca
Compliance In The Bitcoin Industry Is Difficult To Navigate, And Ever Changing
[HashingSpace Corporation](https://www.hashingspace.com/) is a bitcoin ASIC mining and hosting company, and to avoid potential issues the company has partnered with IdentityMind Global, a leading compliance company.
California’s BitLicence
The BitLicense sparked outrage and controversy in the state of New York. California is also dabbling in the regulation pool, but outspoken entities have conflicting interpretations regarding the upcoming bill.
Australia Changes Bitcoin Direction
Previously the Australian government classified the digital currency as an intangible asset, driving business overseas. A new recommendation would remove a double tax situation, and brings regulation in-line with the UK.
New York And London Continue Battle For FinTech Dominance
New York and London consistently compete for the title of financial capital of the world. With a focus on FinTech, London is confident they will take the lead, but other contenders are entering the ring.
Bitreserve Adds 7 New Currencies; Replaces Compliance Officer
Bitreserve, a startup trying to build a new financial system based upon bitcoin, now allows users to peg their bitcoins to the value of 16 sixteen fiat currencies, and four precious metals.
Mint Sells Bitcoins Direct From Miners
Amsterdam based BlockTrail recently announced Mint. The service sells freshly mined coins directly from the miner, for a premium.
Bridging The Gap Between Bitcoin Companies And Legacy Institutions
Cybersecurity is an important topic for both traditional banking institutions and the bitcoin industry. The threats, and solutions, have historically been different for both sectors, but are becoming more and more intertwined.
