Cryptography Researchers & Users Could Face Jail Time In Australia

In recent weeks, not only has UK Prime Minister David Cameron suggested the banning of encryption use, Australia is on its way to making it a criminal offense to even lecture on the topic. Starting next May, academics could face prison for empowering individuals with the knowledge of cryptography. As Defence Report states, “Without the […]

Is California Also Considering Bitcoin Regulation?

Following the BitLicense framework in New York, another US state is considering implementing legislation for bitcoin legislation. According to the California Department of Business Oversight (DBO), it has decided not to exercise its authority to regulate bitcoin and digital currencies. Instead, the agency will leave this up to state legislature. However, DBO spokesperson Tom Dresslar […]

Bitcoin is Gaining Traction in Africa

Bitcoin is rising pretty fast in Africa. In fact, the digital currency has been growing exponentially all around the world. This year there has been a substantial growth in investments related to the digital currency and Africa is no exception to this trend. A lot of startups are springing up with innovative applications for Bitcoin […]

Bitcoin Price Bounces From Support

Bitcoin price bounced from chart support near $235 / 1470 CNY. The 200-period moving average is a standard chart tool of most analysts, and the Bitcoin price often reacts to this indicator level – as it did today. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not […]

UK Government to Support Creation of Bitcoin Hub in London?

London has been informally known as the global bitcoin hub, as the cryptocurrency community in this city has grown significantly and the UK government itself adopts a relatively open-minded approach to developments in the industry. Now that the elections are over and the Conservatives are still in power, many believe that this could pave the […]

BitSent Expands its Fleet of Bitcoin ATMs to British Columbia’s Simon Fraser University

One of Canada’s first companies to launch Bitcoin ATMs across the country is expanding its fleet of Lamassu-brand ATMs to Vancouver, British Columbia’s Simon Fraser campus bookstores in Vancouver, Surrey and Burnaby. BitSent now has Bitcoin ATMs in 11 locations across the country and is looking to expand internationally in 2015. While other Bitcoin companies are […]

Nasdaq to Push Forward with Blockchain Applications

On May 11, the leading stock exchange Nasdaq announced that it would begin experimenting with the blockchain technology that powers Bitcoin. The Wall Street Journal reported that Nasdaq will start with a pilot project in Nasdaq Private Market, a recently launched marketplace that handles pre-IPO trading among private companies. “Utilizing the blockchain is a natural […]