Is bitcoin really the preferred currency of terrorists? You might think so from reading some of the mainstream media headlines. But a recent intergovernmental study on terrorist financing paints a very different picture. The Financial Action Task Force (FATF), a Paris-based, intergovernmental body that develops policies to protect the global financial system against money laundering, […]
This week’s bitcoin VAT exemption in the European Union was well-met by exchange operators.
Bitcoin trading continues buying into the advance that has not seen a new high, in a week, in the leading CNY exchanges. The USD exchanges have pushed to a higher high but have only eeked out a $6 push higher during the past 24 hours. Diverged charts imply a downward correction could set in over […]
Canadian Authority Exonerates Bitcoin Mining Company Of Improper Solicitation; Company Co-Founder To Sue For Libel
A Canadian company called Dominion Bitcoin Mining has been exonerated of soliciting investors without proper registration. The government of Saskatchewan, Canada’s Financial Consumer Affairs Authority (FCAA) ruled that the website that allegedly was in violation of Canadian law was not active and that it did not sell any shares to investors. A co-founder of the […]
The CoinDesk Bitcoin Price Index (BPI) hit $280 today as bitcoin continues its month-long rally.
The Digital Currency Group (DCG), a company founded and led by Barry Silbert, held an investor day in Palo Alto, California, where companies could demo their products to investors in the Bitcoin and blockchain space. DCG is the firm responsible for the Bitcoin Investment Trust, which started trading on the OTCQX back in May under […]
The College Cryptocurrency Network (CCN), a leading cryptocurrency organization supported by established financial institutions and bitcoin startups including Barclays, Augur, BitGo, Blockchain, Ethereum and Factom, has officially announced the launch of the “Borderless Block Party,” a month-long hackathon designed for high school and undergraduate university students to create innovative financial solutions and technologies through the […]
In what can only be regarded as good news for Bitcoin, the European Court of Justice (ECJ) Thursday ruled that exchanging bitcoin should not be subject to VAT (Value Added Tax). The verdict, which is the climax of an Swedish court dispute that started back in 2012, applies to all 28 E.U. member states. VAT-law […]
Bankers are losing customer trust and loyalty as the industry fails create a personalized banking experience and inspire trust in customers. A recent IBM study demonstrated serious gaps between how banking executives feel they are doing and how their customers feel they are doing. 62 percent of surveyed banking executives believe they offer “excellent customer service,” […]
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