Bitcoin Market Watch How the U.S. and The World Regulate Bitcoin and Other Cryptocurrencies

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Regulators all over the world have begun to address the challenges presented by virtual currencies that mostly bypass regulated banks, financial firms, exchanges and central clearinghouses.

Because the current players in virtual currencies including the most popular bitcoin BTCUSD, -0.27% BTCF8, +0.23% largely operate outside of the conventional financial system, regulators are concerned about money laundering, terrorist financing, tax evasion and fraud.

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From: Stanley Walker

Related topics : virtual currency exchange bitcoin

Bitcoin Plummets as MtGox Continues to Halt Withdrawals

The price of bitcoin continues to fall on Monday after Tokyo-based bitcoin exchange MtGox said the virtual currency contains a bug that allows for fraud. MtGox said the bug causes problems when customers try to make transactions to a third party. The exchange said the bug makes it appear that the transfer did not go through, which can prompt multiple transfers unintentionally on behalf of the sender. The exchange halted bitcoin withdrawals over the weekend and said on Monday that...

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From: TheStreet

Related topics : virtual currency exchange bitcoin / bitcoin price exchange

Bitcoin makes debut on major US stock exchange

The increasingly popular digital currency, Bitcoin, has made its debut on a major US exchange.

On Monday, futures trading of the virtual money started in the Chicago Board of Exchange.

Interest was so high that the board's website crashed due to heavy traffic.

Al Jazeera's Patty Culhane reports from Washington, DC.

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From: Al Jazeera English

Related topics : bitcoin digital currency exchange / virtual currency exchange bitcoin / make money bitcoin exchange / how to make bitcoin exchange website

Bobby Lee, CEO of BTC China, on bitcoin anonymity, crime and regulation

Bobby Lee is CEO of BTC China, which was founded in 2011. It is the country’s first and largest exchange for bitcoin – a decentralised virtual currency that has taken the financial world by storm.

Full International Bar Association (IBA) Global Insight interview with Bobby Lee, 2014 : http://www.ibanet.org/Conferences/112156514.aspx

More IBA films at http://tinyurl.com/ibafilms

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From: IBA Global Insight

Related topics : virtual currency exchange bitcoin / bitcoin btc china

Seller's Unusual Asking Price for Home

A man lists his home for virtual currency.

Would you sell your house for virtual currency?

One man, Taylor More, has decided to list his home for Bitcoins.

It's a two-bedroom bunglaw in Alberta Canada. List price is the equivalent of $395,000 in Bitcoins.

They are an alternative form of currency, not issued by a traditional bank or financial institution.

The currency is awarded when people successfully use a computer in a global network to complete challenges such as a complicated math...

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From: GeoBeats News

Related topics : virtual currency price list / virtual currency exchange bitcoin

The Winklevoss twins talk Bitcoin futures and fears

Cameron and Tyler Winklevoss founded an exchange for the virtual currency and they have some words for those who fear a Bitcoin bubble.

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From: Fox News

Related topics : virtual currency exchange bitcoin

Top EU Court Rules Bitcoin Transactions Tax-free

The European Union's highest court said Bitcoin, as well as other virtual currencies, can be exchanged tax-free within the EU. In a Thursday ruling, the EU Court of Justice in Luxembourg said that there was no reason to treat Bitcoin differently than other transactions involving "currency, bank notes and coins used as legal tender." This is good news for Bitcoin, whose value has plummeted from its highs of more than $1,200 in 2014 to about $200 in January 2015, zigzagging in the $200-$300...

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From: Wochit Business

Related topics : virtual currency exchange bitcoin

Is Bitcoin secure?

The collapse of Bitcoin exchange Mt. Gox led some skeptics to wonder if the virtual currency was still a viable form of exchange. It also raised the profile of the controversial cryptocurrency and drew interest from government officials around the world. Duke University Fuqua School of Business (http://www.fuqua.duke.edu/) finance professor Campbell Harvey (http://www.fuqua.duke.edu/faculty_research/faculty_directory/harvey/) discusses security issues surrounding Bitcoin.

Cam Harvey on...

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From: Duke University - The Fuqua School of Business

Related topics : virtual currency exchange bitcoin / bitcoin security issues

Rising Star in Bitcoin World Found Dead in Singapore

Autumn Radtke, 28, was CEO of virtual currency exchange First Meta.

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From: newspaper

Related topics : virtual world currency exchange

'Bitcoin outperforms gold, silver, US stock market' - entrepreneur

Bitcoin is the world's most popular virtual currency, and brings with it a new breed of digital multi-millionaires. When bitcoin exchange Mt. Gox virtually disappeared, many fortunes were lost. Can you put your trust in the virtual market? Why are governments so eager to shut the bitcoin marketplace down? Roger Ver, a bitcoin entrepreneur known as 'Bitcoin Jesus' is here to answer these questions.

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From: RT

Related topics : digital virtual currency and bitcoins