In mid-June, Texas Gov. Greg Abbott signed into law HB 483, paving the way for Texas to repatriate $1 billion in gold from an underground vault in Manhattan operated by HSBC bank, bringing it home to be stored in a yet-to-be-built Texas Bullion Depository, reports HNGN, which also speculated whether this is the first step […]
Bitcoin Press Release: I/O Digital sets to release the first ever decentralized identity sidechain using a distributed blockchain based DNS system. This system, known as DIONS (Decentralized I/O Name Server) will utilize the I/O Digital blockchain to attach sensitive identity credentials to a specific Bitcoin (XBT) or I/O Coin (IOC) address. The system allows for […]
The European Union’s Court of Justice Advocate reached a decision today on the validity of value-added taxation for Bitcoin trading. After careful consideration of arguments from Estonia, Germany, Sweden, and members of the European Bitcoin industry including David Hedqvist, the court decided that the acquisition of Bitcoin was not a taxable event in the eyes […]
Having recently reached its seed-round fundraising goal of $1 million on Bnk to the Future with Factom Inc., their sister entity the Factom Foundation has now launched a Release Candidate One (RC1), a critical step for launching the Factom network. In a blog post on the Factom site, the company is calling on developers and interested participants […]
Snapcard, the San Francisco-based bitcoin wallet provider, announced today that it had formed a partnership with ifeelgoods, a digital gifting platform. The partnership is meant to give the companies using ifeelgoods the ability to create, launch and monitor campaigns that offer end users the chance to earn bitcoin as a reward. The company is using […]
CoinDesk’s Q2 2015 State of Bitcoin report examines the key data and events from the cryptocurrency space in the last quarter.
The North Carolina Senate Commerce Committee has agreed to support a House Bill drafted by North Carolina’s banking commissioner regarding money transmission. The bill, titled “AN ACT TO ENACT THE NORTH CAROLINA MONEY TRANSMITTERS ACT AS 3 REQUESTED BY THE OFFICE OF THE NORTH CAROLINA COMMISSIONER OF 4 BANKS,” states that money transmission includes maintaining […]
Bitcoin operations should be exempt from VAT, the Advocate General of the European Court of Justice said in an opinion document published today.
Spanish police have arrested 20 individuals in connection with a pyramid scheme that used a fake digital currency called the unete.
Getting Bitcoin in the EU could change irrevocably today as the European Court of Justice Advocate General decides on whether to charge value-added tax on the sale of bitcoins or not. While some individual countries such as the United Kingdom have already implemented a strategy regarding Bitcoin, exempting it from VAT and treating it as […]