Bitcoin Magazine, 1/1/0001 12:00 AM PST A new consumer remittance startup is on the block, and it’s bringing bitcoin to new corridors in Europe, China and Mexico. Freshly out of private beta, Moneytis has now opened its beta to the public. The service allows users to send international transfers from their bank accounts to the receiver’s for a fee of two percent or less. The startup uses bitcoin to send the money to its destination, but users would never know because Moneytis keeps it all in the background. Users first create an account by filling in basic info and bank account credentials. Next, they select the amount and the type in the email address of the recipient. The money is then deducted from the sender’s account […] The post Moneytis Launches Open Beta of Global Bitcoin Remittance Service appeared first on Bitcoin Magazine. |
Bitcoin Magazine, 1/1/0001 12:00 AM PST The FinCEN action against XRP II LLC (Ripple) took many by surprise early last month, although many in the Bitcoin community were not shocked to see an organization with such close ties to a digital token face backlash for “willful violations” of the Bank Secrecy Act (BSA) and failure to implement appropriate anti-money laundering (AML) procedures. The Chamber of Digital Commerce has been quick to gain an in-depth understanding of the action taken against Ripple Labs, and the Washington, D.C.-based trade association plans to discuss the implications of the regulatory action in a public briefing June 4th at 1 p.m. EDT. Before their briefing, the Chamber of Digital Commerce was willing to answer a few questions related to the Ripple […] The post Chamber of Digital Commerce: More Action from FinCEN is Inevitable appeared first on Bitcoin Magazine. |
Bitcoin Magazine, 1/1/0001 12:00 AM PST The FinCEN action against XRP II LLC (Ripple) took many by surprise early last month, although many in the Bitcoin community were not shocked to see an organization with such close ties to a digital token face backlash for “willful violations” of the Bank Secrecy Act (BSA) and failure to implement appropriate anti-money laundering (AML) procedures. The Chamber of Digital Commerce has been quick to gain an in-depth understanding of the action taken against Ripple Labs, and the Washington, D.C.-based trade association plans to discuss the implications of the regulatory action in a public briefing June 4th at 1 p.m. EDT. Before their briefing, the Chamber of Digital Commerce was willing to answer a few questions related to the Ripple […] The post Chamber of Digital Commerce: More Action from FinCEN is Inevitable appeared first on Bitcoin Magazine. |
Bitcoin Magazine, 1/1/0001 12:00 AM PST New York State Department of Financial Services (NYDFS) Superintendent Benjamin Lawsky today released the final version of the BitLicense regulations, saying that his “gut feeling” was that digital currencies are here to stay. The BitLicense program to require digital currencies businesses in New York state to operate with a license and report to government has long been in the making and included two revisions with comment periods to allow for public criticism and input. Many felt that Lawsky had to find a reasonable balance between protecting consumers and allowing digital finance innovators to develop without unnecessary red tape and restrictions. Lawsky Defends the Need to Regulate Saying it often “seems like technologists are from Venus and regulators are from Mars,” […] The post Final BitLicense Rules for New York State Released Today by NYDFS Superintendent Ben Lawsky appeared first on Bitcoin Magazine. |
CryptoCoins News, 1/1/0001 12:00 AM PST Actor, comedian and activist Russell Brand has come out in support of Ross Ulbricht after he was sentenced to life in prison for starting the Silk Road. In a Facebook status featuring the video, Brand writes, “In a way Ross Ulbricht is the American Dream.” Brand launched his political-comedy web series, The Trews, in 2014, […] The post Russell Brand Defends Bitcoin Entrepreneur Ross Ulbricht of Silk Road appeared first on CryptoCoinsNews. |
CryptoCoins News, 1/1/0001 12:00 AM PST As Bitcoin technology evolves and grows past the “early adopter” stage, more and more businesses are entering the space looking to provide the market with innovations based on Bitcoin’s block chain technology. Today, there are many businesses that are in perpetual pre-launch, like the vaunted Open Bazaar, who seems to have been on the brink […] The post Sia Launches Bitcoin Cloud Storage With Own Block Chain appeared first on CryptoCoinsNews. |
CoinDesk, 1/1/0001 12:00 AM PST Bitcoin payments processor BitPay has announced that Copay, its multisig bitcoin wallet, is out of beta. Copay, originally known as Cosign, aims to offer combat wallet thefts by offering customisable security for businesses and individuals. Like other multisig products, a predetermined number of parties must 'sign off' each Copay transaction before it is broadcast to the bitcoin […] |
CoinDesk, 1/1/0001 12:00 AM PST Mirror has raised $8.8m in Series A financing to reposition itself as a smart contract trading platform built on bitcoin's blockchain. |
CryptoCoins News, 1/1/0001 12:00 AM PST The Bitcoin price chart can do impossible things and that it why we love it. Each and every Bitcoin speculator has an inner-vision of another spectacular rally, and of them holding bitcoins all the way up! While we wait for that rally, the chart makes fools of you and I. A move higher today, threatens […] The post Bitcoin Price Near Support Floor appeared first on CryptoCoinsNews. |
CryptoCoins News, 1/1/0001 12:00 AM PST In this episode, the Bitcoin price is struggling again. We talk to the developers of Siacoin, a decentralized storage solution. The developers explain in this interview that they believe the coin can and the technology can actually compete with commercial storage solutions. We’re looking to talk to as many altcoin teams as possible over the […] The post CCN Podcast Episode 6: Siacoin – A Decentralized Cloud Storage Platform appeared first on CryptoCoinsNews. |
CryptoCoins News, 1/1/0001 12:00 AM PST In this episode, the Bitcoin price is struggling again. We talk to the developers of Siacoin, a decentralized storage solution. The developers explain in this interview that they believe the coin can and the technology can actually compete with commercial storage solutions. We’re looking to talk to as many altcoin teams as possible over the […] The post CCN Podcast Episode 6: Siacoin – A Decentralized Cloud Storage Platform appeared first on CryptoCoinsNews. |