CoinDesk, 1/1/0001 12:00 AM PST An insurance company sued by BitPay following a claim dispute has fired back, denying the bitcoin payment processor’s allegations in a new filing. |
CoinDesk, 1/1/0001 12:00 AM PST Bitcoin became embroiled in a debate about the financing of terrorism following the Paris attacks which resulted in over 100 deaths. |
CoinDesk, 1/1/0001 12:00 AM PST Brazil’s House of Representatives held a hearing this week to discuss a bill that would give the central bank oversight of digital currencies. |
Gizmodo, 1/1/0001 12:00 AM PST New European proposals would go after non-banking payment methods in an effort to curb the flow of money to terrorist activities. Meanwhile in America, the first debit card for bitcoin just became available. ![]() |
CryptoCoins News, 1/1/0001 12:00 AM PST Coinbase has introduced what it claims is the first U.S.-issued bitcoin debit card, the Shift Card. This is a VISA debit card that allows Coinbase users in 24 U.S. states to spend bitcoin online and offline at more than 38 million merchants worldwide, the company announced on its website. Coinbase noted that merchant adoption of bitcoin has increased in recent years, but it’s still difficult for many people to make regular purchases with bitcoin. Purchasing gasoline or groceries at local outlets has not been possible in most U.S. cities. The Shift Card now makes this possible. How To Get A […] The post Coinbase Launches First Bitcoin Debit Card In The U.S. appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |
TechCrunch, 1/1/0001 12:00 AM PST
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CryptoCoins News, 1/1/0001 12:00 AM PST Bitcoin price was eagerly sold to a low just above $300 before advancing away from it in equally enthusiastic trade. Apparently stuck in a rut above the $300 security blanket level, the market may not move significantly until the Fed fires the lift-off starter-gun in December. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 14h09 UTC Bitstamp 1-Hour Chart From the analysis pages of xbt.social, earlier today: Price corrected downwards, early today, to […] The post Bitcoin Price Indecision Weighs Down Chart appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |
CryptoCoins News, 1/1/0001 12:00 AM PST Although a number of proposals have been put forth by bitcoin exchanges, Hawaii’s Division of Financial Institutions is debating if Bitcoin ought to be legal. Hawaii is currently debating proposals put forth by a number of applicants looking to become ‘money transmitters’ or bitcoin exchanges, according to Iris Ikeda, the commissioner of financial institutions in Hawaii. The Pacific Business News reports that the state’s Division of Financial Institutions ‘has strong reservations’ about bitcoin, a cryptocurrency that is currently illegal for tender in the island state. Speaking to the PBN’s Kathleen Gallagher, Iris Ikeda, the Division’s commissioner said: We are looking […] The post Hawaii Wary of Bitcoin Legalization appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |
Wired, 1/1/0001 12:00 AM PST![]() Relatively few people are using bitcoin to actually buy and sell stuff. Coinbase hopes to change that with a simple piece of plastic. The post Coinbase Just Debuted the First Bitcoin Debit Card in the US appeared first on WIRED. ![]() |
CryptoCoins News, 1/1/0001 12:00 AM PST The global consortium of major banks and financial institutions looking to tap into block chain technology and headed by New York-based technology firm R3 has five more banks joining the ranks, bringing to a total that now figures 30 global banks. Blockchain startup R3’s initiative to use blockchain technology in financial markets now has five more participants in a group that contains the world’s biggest banks. BSNP Paribas, the Canadian Imperial Bank of Commerce, ING, MacQuaire and Wells Fargo are the newest members in the consortium that now stands at 30 global financial institutions in total. In a press release, […] The post 5 More Banks Join R3's Global Blockchain Consortium appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |
CryptoCoins News, 1/1/0001 12:00 AM PST Former Federal Reserve chairman, Ben Bernanke, believes the technology behind Bitcoin is interesting, but threats from terrorists make it a problematic payment solution. Anonymity is a “bug," he claims. In an interview with Quartz, published November 19, Ben Bernanke opened up about Bitcoin. “It’s interesting from a technological point of view. We’re in a world where the payments system is evolving quickly and new approaches to managing payments are proliferating, and some of the ideas around bitcoin will no doubt be useful in doing that,” the former Federal Reserve chairman stated. Read More: Bernankoin Mocks Former Fed Reserve Chairman “But […] The post Ben Bernanke Is Worried Terrorists Could Use Bitcoin appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |
CryptoCoins News, 1/1/0001 12:00 AM PST The Chamber of Digital Commerce (CDC), based in Washington, D.C., has urged the Group of Seven (G7) nations not to enact virtual currency regulations that will stifle innovation in seeking to prevent future terror attacks like the one in Paris last week. The CDC is concerned that the G7 countries want to restrict virtual currencies because they suspect Islamic State terrorists used and continue to use bitcoin. Stifling digital currency innovation would be counterproductive for law enforcement, according to the CDC. It claims the block chain offers law enforcement an important tool for investigating criminal activity. European Union To Meet Today […] The post Chamber Of Digital Commerce Urges G7 Not To Overreact To Paris Attacks By Stifling Bitcoin appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |
CryptoCoins News, 1/1/0001 12:00 AM PST Popular encrypted messenger application Telegram has confirmed that it has blocked 78 ISIS-related public channels across 12 languages on its network. The post Telegram Blocks 78 ISIS-Related Communication Channels appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |