Financial Commission launches new regulation
Feb 18, 2015 12:01 pm UTC| Digital Currency
The Financial Commission, a Hong Kong based body, has announced the creation of a new supervisory guidelines for cryptocurrency liquidity providers. The new regulation will include monitoring of financial needs, reporting...
Virtual Currency to induce energy efficiency
Feb 18, 2015 10:19 am UTC| Digital Currency
The American Council for an Energy-Efficient Economy (ACEEE), a non-profit organization that promotes energy efficiency, has published areviewof various schemes to induce energy efficiency, including the use of virtual...
Feb 18, 2015 09:42 am UTC| Digital Currency
BTC/USD has recovered till $243 after making a low of $220. Overall trend i still bearish as long as resistance $265 holds. On the downside minor support is around $235 and below will drag the pair further down till $220/...
CAVIRTEX to shutdown on breach of information
Feb 18, 2015 09:34 am UTC| Digital Currency
Bitcoin exchangeCAVIRTEX, based in Canada, announced on 17th Feb, that it will close all its operations next month due to the breach of sensitive security information, which badly damaged its reputation.The shutdown is...
Vermont’s only bitcoin ATM to shutdown
Feb 18, 2015 09:01 am UTC| Digital Currency
Vermonts only bitcoin ATM operators, PYC and Blu-Bin, have been sent a letter by the Department of Financial Regulation that they may face penalty for operating the machine without a money transmitter license.The agency...
MIT set to hold second Bitcoin Expo in March
Feb 16, 2015 10:11 am UTC| Digital Currency
The Massachusetts Institute of Technology (MIT) will host the Bitcoin Expo on 7th and 8th March, which is being held within a year of the first event which took place in May of 2014.The Expo will feature speakers such as...
ASIC prohibits Bitcoin Group from issuing statements about its proposed listing
Feb 16, 2015 09:47 am UTC| Digital Currency
ASIC ordered Bitcoin Group Limited (a proposed Bitcoin miner in Australia) to stop issuing any statements regarding its intention to make an IPO of its shares until it lodged a prospectus.The regulators concerns relate to...