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Japanese Bitcoin exchange bitFlyer launches in U.S. - NY ...

State financial regulators delved into the virtual world Tuesday, granting a virtual currency license to Bitcoin dealer bitFlyer USA.

The move by the Department of Financial Services allows bitFlyer USA -- a wholly-owned subsidiary of Japan-based bitFlyer, Inc. -- to offer online digital currency exchanges, trading platforms and custodial wallet services for the Bitcoin digital...

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Related topics : digital virtual currency and bitcoins / virtual currency exchange bitcoin / bitcoin digital currency exchange / digital currency exchange platform / virtual world currency exchange

Bitcoin explained and why hackers use it - NY Daily News

Why would an average person want to use bitcoin? Because it's largely unregulated, and many people believe that's a good thing. There are no fees or transaction costs. And nobody is collecting taxes from the money. Sounds great, right? Well the downside is there are no protections like FDIC insurance for those transactions. That money is gone for good if you get ripped off or the bitcoin market implodes.

Hackers auctioning off NSA's tools for $600 million in bitcoins

So what's a bitcoin worth? It's value fluctuates based on supply and demand. In March 2017, one...

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Related topics : what's the value of one bitcoin today / value of one bitcoin today / value of one bitcoin in dollars / what's the value of one bitcoin / value of one bitcoin

Man in bitcoin-bodega lawsuit wants Paul Krugman to ...

An entrepreneur who sued the state for foiling his efforts to get seven city bodegas to accept bitcoin wants Pulitzer Prize-winning economist Paul Krugman to testify in his case.

An attorney for Theo Chino says the noted New York Times columnist and CUNY Graduate Center professor should testify before Manhattan Supreme Court Justice Carmen St. George regarding the "economic nature" of the global digital currency.

"I'll take any expert! Krugman is good enough for me,"...

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Related topics : global digital currency