Bitcoin Debit Card Firm E-Coin Raises $160,000

UK-based Bitcoin debit card and multi-sig wallet provider E-Coin.io is gaining strong traction among the investors, already having raised $160,412 with 2 days still remaining in the crowdfunding campaign. The Company is offering a 10% stake for sale and has attracted 60 backers till the time of writing this report. The Company is accepting a […]

Bitcoin Declared Illegal in Taiwan

The Chairman of the Financial Supervisory Commission (FSC) has declared Bitcoin to be illegal in Taiwan, following a recent high-profile kidnapping accident involving ransom demands made in Bitcoin. Despite the mainstream adoption of Bitcoin by a largely tech-savvy population in Taiwan wherein citizens have the means to buy bitcoin in popular convenience store chains, the […]

Bitcoin Group Delays ASX Listing, Claims Australia’s Prime Minister Is Not A Shareholder

Bitcoin Group has delayed its Australian Securities Exchange (ASX) listing due to issues with the Australian Securities and Investment Commission (ASIC) over indications that Australian Prime Minister Malcolm Turnbull is a shareholder and misstatements about the company’s profitability, according to The Sydney Morning Herald. The company, a bitcoin miner, has postponed its listing date to […]

Bitcoin Price Advancing Again

Bitcoin price achieved a new high for this year, last week. The correction over the weekend looked to be a potential reversal of the uptrend, but after a relatively shallow retracement the uptrend appears to have resumed. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? […]

It’s Much Too Soon to Regulate Bitcoin, Says Deloitte Exec

Jon Watts, director of enterprise services at Deloitte, has weighed in on Bitcoin regulatory issues with clear and cogent arguments. Watts’ thesis is that Bitcoin is at the crossroads, and the race to regulate it could be happening much too soon. Deloitte is a professional services firm headquartered in New York. Considered one of the […]