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Germany sets standard for Bitcoin regulation 20 Aug 2013 | 11:38 am
All over the news in Germany was a recent reply by the German Ministry of Finance to an inquiry in parliament. The Ministry announces that Bitcoins are officially recognized. Some weeks ago already th...
New York regulator opens investigation into virtual currencies 14 Aug 2013 | 09:23 pm
Having sent out subpoenas to 22 Bitcoin-related firms, the New York State Department of Financial Services (DFS) has confirmed that it is pondering new rules for virtual currencies. Last week the watc...
American court officially declares Bitcoin a real currency 10 Aug 2013 | 08:46 am
A federal judge has for the first time ruled that Bitcoin is a legitimate currency, opening up the possibility for the digital crypto-cash to soon be regulated by governmental overseers. United State...
PayPal and MoneyGram form alliance in USA 7 Aug 2013 | 05:16 pm
PayPal has struck a deal which enables its 55 million American account holders to withdraw money at MoneyGram locations around the country. Customers can now initiate a withdrawal online or via their ...
Self-regulatory organization is creating at virtual currency industry 2 Aug 2013 | 02:07 pm
With virtual currencies such as Bitcoin catching the eye of governments, several firms in the field have banded together in a bid to create a self-regulatory organization covering the nascent industry...
Online-casino was sold with Bitcoin 23 Jul 2013 | 06:11 pm
In a sign of Bitcoin’s rise to prominence, the first major acquisition of a company involved in the virtual currency has happened after gambling site SatoshiDice was sold to an undisclosed buyer for a...
Winklevoss twins plan to create first fund for Bitcoin 5 Jul 2013 | 01:44 pm
Bitcoin has been promoted as an alternative crypto-currency that exists outside the realms of governments and central banks. Now, two backers of the digital money are seeking to bring bitcoin into the...
PayPal goes into space 28 Jun 2013 | 06:00 pm
Money transfer company, PayPal is looking at options of doing business in space with its latest initiative PayPal Galactic. With PayPal Galactic, the company is trying to get answers to how will the b...
Mt. Gox suspends USD withdrawals 25 Jun 2013 | 08:02 pm
In an announcement made late last week Mt. Gox, the biggest Bitcoin exchange, noted that they have temporarily halted USD withdrawals from the exchange due to increased volume and the pressure this ha...
Bitcoin reached Australia and English pubs 18 Jun 2013 | 07:14 pm
The large e-shop Millennius which trades electronics started to accept Bitcoin as a payment method. The owners of the site are also going to add the support of Litecoin, which is similar to Bitcoin. I...