Website: http://www.ibtimes.co.uk

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7 selected articles

Bitcoin, Litecoin, Dogecoin: A Guide to Crypto-Currency Mining

January 21, 2014 18:24 GMT

Bitcoins and other crypto-currencies are mined by special computers and stored in digital wallets. Reuters

At the recent Satoshi Square event in the City of London, it was said that 2014 will be the year for bitcoin mining, as the crypto-currency is soon to reach a tipping point where creating it will no longer be possible for the average user.

Amid the hugely volatile...

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European Court of Justice: Bitcoin is a currency and ...

Swedish tax authorities for an advanced decision on whether or not the exchange of bitcoin into Swedish Krona and vice versa should be considered as a VAT taxable or VAT exempt activity.

The tax authorities said Bitcoin trading should be subject to VAT, but Hedqvist thought the answer should be no, and he took it to court and eventually it reached the appeal court in Sweden. Since all VAT law...

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Bitcoin Cash fork – how, what, when and why? - IBTimes UK

Bitcoin Cash fork - how, what, when and why?

Charles Hayter, CEO of CryptoCompare, takes stock of BitcoinCash and the split in the community.

By Charles Hayter and Antonio Madeira

Updated

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How to get started with bitcoin IBTimes US

For years the Bitcoin community has disagreed over how Bitcoin should scale, with some arguing that Bitcoin needs an immediate block size increase while others...

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'Hello World': Blockstream Satellite To Broadcast Bitcoin ...

'Hello World': Blockstream Satellite to broadcast Bitcoin to the entire planet

Blockstream Satellite offers a low-cost way for anyone, anywhere to operate and maintain Bitcoin nodes.

Updated

August 15, 2017 15:04 BST

Blockchain technology company Blockstream has unveiled a satellite system that will bring Bitcoin connectivity to almost everyone on the planet.

Billions of people all over the world...

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Related topics : bitcoin cost per transaction / will bitcoin be the one world currency / bitcoin mining software open source / what does a bitcoin transaction look like / bitcoin new global currency

Visa, MasterCard and Amex: Payments dinosaurs face off ...

June 26, 2015 09:42 BST

Huge payments companies can see the threat from distributed ledger technology hurtling their way (iStock)

Whereas the dinosaurs didn't know what hit them, huge payments companies can see the threat from distributed ledger technology hurtling their way and still have time to try and avoid extinction.

IBTimes UK spoke with executives from the big three processors - Visa,...

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Related topics : bitcoin and credit card payment processor / transfer from bitcoin wallet to bank account / link bitcoin wallet to bank account / bitcoin credit card wallet / bitcoin transfer to bank account

Utility Settlement Coin: A Blockchain Stepping Stone To ...

Utility Settlement Coin: A blockchain stepping stone to fiat digital currency

Six additional major banks have joined the Utility Settlement Coin project.

By Ian Allison

September 4, 2017 08:03 BST

The latest phase of the Utility Settlement Coin project, which aims to settle trades with a token linked to accounts at central banks, has seen the consortium expand.

Barclays, CIBC, Credit Suisse,...

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Related topics : digital currency like bitcoin / digital currency exchange platform / digital currency payment system / bitcoin link bank account / bitcoin digital currency project

Godfather of Bitcoin Adam Back explains how blockchain ...

The removal of trust from banking systems, brought about by the real-time audit effect of bitcoin's technology, would avert future financial crises like the one we saw unfold in 2008.

Adam Back, the founder and president of Blockstream, describes bitcoin's validating blockchain technology as "a protocol upgrade for the world's financial networks which is maybe more open than it has been in the...

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Related topics : bitcoin blockchain technology explained / how to make bitcoin payment system / bitcoin banking system / bitcoin technology blockchain / bitcoin cost per transaction