Alert Bitcoin investors! RBI issues another warning, says ...

Alert Bitcoin investors! RBI issues another warning, says cryptocurrencies have some risks

� BusinessToday.in ���New Delhi���� Last Updated:�December 8, 2017 �|�12:13 IST

Bitcoin breached $12000 mark on Wednesday for the first time ever. The virtual currency has soared more than 1,000 percent since the start of the year. Last Wednesday, it was trading at $9,500. Nothing...

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Website: http://www.businesstoday.in

Related topics : virtual currency and the financial system the case of bitcoin / digital virtual currency and bitcoins / virtual & digital currency and payment systems / virtual currency exchange bitcoin / virtual currency bitcoin

How the Winklevoss twins found vindication in a bitcoin ...

How the Winklevoss twins found vindication in a bitcoin fortune

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Cameron and Tyler Winklevoss have a bitcoin stockpile worth around $US1.3 billion.

Reuters

by Nathaniel Popper

The Winklevoss twins have carved an unorthodox path toward fame in the American business world.

They went to Harvard University and then on to the Olympics as rowers. Along the way, they fought a legal battle with Mark...

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Website: http://www.afr.com

Bitcoins: I-T notices to over 400,000 HNIs across India ...

The trigger for the action is understood to be the huge spike being registered in the value of bitcoins and other virtual currencies in the recent past.

Widening its probe into bitcoin investments and trade, the Income Tax (IT) department is set to issue notices to 400,000 to 500,000 high networth individuals

 

(HNI) across the country who were trading on the exchanges of this unregulated...

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Website: http://www.rediff.com

Related topics : virtual currency exchange bitcoin / virtual currency bitcoin / virtual currency trading india / virtual currency laws in india / virtual currency in india

Bitcoin: Cybersecurity Regulations on the Horizon? | JD ...

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Unless you have been living under a rock, you have probably heard a lot about...

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Bitcoin Code APP - teslertrading.com

The Bitcoin Code Review Is The Bitcoin Code APP SCAM Or LEGIT?

The Bitcoin Code Review Is The Bitcoin Code APP SCAM Or LEGIT?

Steven Abrahams October 15, 2017 Bitcoin Code No Comments

The Bitcoin Code Review Is The Bitcoin Code APP SCAM Or LEGIT? What is The Bitcoin Code Software? How To Create a Passive Income With The Bitcoin Code Trading System? Discover How To Be a Debt Free with The Bitcoin...

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Website: http://teslertrading.com

Economics of Bitcoin

I spent a lot of time researching the proposed BitLicense and associated issues, and today I submitted my comments to the NYDFS. Here it is.

Dear Superintendent Lawsky,

dear General Counsel Syracuse,

kindly allow me to add my own comments to the proposed regulation Title 23, Chapter I, Part 200, henceforth "BitLicense".

Introduction

I specialise in economic research of cryptocurrencies, with...

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Date: 2018-01-28 18:12:08
Website: http://www.economicsofbitcoin.com

Bitcoin's price swings wildly, touching above $19,000 - LA ...

The price of bitcoin swung wildly Thursday, rising to more than $19,000 only to fall sharply within minutes. The frenzy surrounding the virtual currency escalated just days before it starts trading on a major U.S. exchange.

The frenzy even has parts of Wall Street concerned. A group of banks complained that federal regulators approved bitcoin futures, which begin trading Sunday, too quickly and...

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Website: http://www.latimes.com

Taxation of Virtual Currency - Research Paper - en.essays.club

The electronic form of currency used in real-world transactions is also frequently referred to as "virtual" or "digital" currency. There are many types of those currencies, the most popular of which is the Bitcoin. As of October, the Bitcoin had a circulation of close to 12 million, up from around 3 million in August 2010. n3 The term "virtual currency" may be a misnomer when used to describe the...

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Website: https://en.essays.club

Bitcoin Taxation: Understanding IRS Notice 2014-21 ...

Written By: Christopher Rajotte, Andrew Ittleman, and Mitchell Fuerst, Fuerst Ittleman David & Joseph, PL, Miami, Florida

From the recent collapse of the major bitcoin exchange, Mt. Gox, t o the alleged identification of Bitcoin's creator in California, the prominence of bitcoin in the public consciousness seems to escalate by the day. The public's focus on bitcoin at this time of year is...

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Website: https://bitcoinmagazine.com

Bitcoin and blockchain technology use raise cybersecurity ...

Bitcoin and blockchain technology use raise cybersecurity questions

by�Drew Hendricks

As Bitcoin and blockchain technology increasingly move into the mainstream, cybersecurity regulations could be on the horizon for virtual currencies.

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CW ANZ - September 2017: Cloud ERP on the rise -ComputerWeekly.com

In recent years,...

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Website: http://searchcompliance.techtarget.com

Related topics : bitcoin technology blockchain / virtual currency exchange bitcoin / current bitcoin blockchain / bitcoin blockchain explorer / bitcoin technology applications

Lindens shut down exchanges—again - Hypergrid Business

XMIR Grid

I suppose since gameTokens are FinCEN registered, if you register a business to use it, everything is reported to the IRS? I could not find any info on this on the gametokens.info site, but large swatches of the site just shows blank fields so it might be there.

Joe Nickence

This is the first time I've heard of GameTokens. Intriguing. I'll have to do some following on this one.

Talla...

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Website: http://www.hypergridbusiness.com

SA gets first Bitcoin vending machine - TechCentral

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South Africa's first Bitcoin vending machine has been installed, giving users the ability to get Bitcoin in exchange for rand.

The difference between a Bitcoin ATM and a Bitcoin vending machine is that the former dispenses cash for Bitcoins, while the latter provides Bitcoin in exchange for a local currency.

Rolf Deppe and his business partner, Monre...

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Website: https://techcentral.co.za

Related topics : bitcoin exchange rate south africa / bitcoin wallet virtual machine / using bitcoin for currency exchange / virtual currency exchange bitcoin / bitcoin vendors south africa

The Classification of Bitcoin and Cryptocurrency by the IRS

IRS guidance is silent on which section of the tax code cryptocurrency falls into. For instance, IRC §1031 allows for the like-kind exchange of certain property. §1031 exchanges typically are done with real estate or business assets. However, with the classification of cryptocurrency as property by the IRS, many tax professionals will argue that cryptocurrency can be exchanged using IRC...

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Website: http://www.cpapracticeadvisor.com

Related topics : virtual currency exchange business / bitcoin buy one exchange sell another / virtual currency exchange bitcoin / virtual currency exchange rates / virtual currency exchange definition

Reports: China orders bitcoin exchanges to shut down

Regulators have ordered Chinese bitcoin exchanges to close, two business newspapers reported Thursday, after uncertainty about the digital currency's future in China caused its price to plunge.

Regulators in Shanghai, the country's financial center, gave verbal instructions to exchange operators to shut down, China Business News and 21st Century Economic Report said on their websites. They gave...

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Website: https://phys.org

Consumer Advisory on Investment Schemes Involving Digital ...

The CAD and the MAS advise consumers to be mindful of potential risks of digital token and virtual currency-related investment schemes.

Singapore, 10 August 2017... The Commercial Affairs Department (CAD) and the Monetary Authority of Singapore (MAS) have observed the emergence of initial coin (or token) offerings (ICOs), and other investment schemes involving digital tokens, in Singapore....

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Website: http://www.mas.gov.sg

Related topics : digital virtual currency and bitcoins / virtual currency exchange bitcoin / bitcoin virtual currency project / virtual currency bitcoin / virtual currency meaning

11 ways you can buy bitcoin with a credit card in Canada ...

11 ways you can buy bitcoin with a credit card in Canada

8 January 2018

Buying crypto with a credit card is easy once you know how to go about it.

Buying bitcoin with credit card can be a bit trickier and more expensive than local bank transfers, but there's no shortage of options once you know where to look.

Here are 11 bitcoin exchanges and trading services that operate in Canada and beyond,...

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Website: https://www.finder.com

Are There Any Bitcoin Stocks Worth Buying? -- The Motley Fool

Are There Any Bitcoin Stocks Worth Buying?

Believe it or not, at least five stocks have been tethered in some way to bitcoin -- but that doesn't make them worth buying.

Sean Williams

( TMFUltraLong )

Nov 13, 2017 at 7:12AM

When the dust finally settles and the calendar changes over to 2018, investors are likely to look back on 2017 as the year of the cryptocurrency. Having begun the year with a...

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Website: https://www.fool.com

Bitcoin News Update - Live Trading News

Billionaire Michael Novogratz has unveiled plans to launch a full-service merchant bank dedicated to cryptocurrencies and blockchain-based ventures, with the aim of getting listed on Canada's TSX Venture Exchange.

The Wall Street trader is planning to raise $200 million if the initial public offering (IPO) of his company is successful. The firm, named Galaxy Digital, is building a "best-in-class,...

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Website: http://www.livetradingnews.com

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

I-T notices to 4-5 lakh individuals trading in bitcoins ...

I-T notices to 4-5 lakh individuals trading in bitcoins across the country

The taxman had conducted surveys at nine such exchanges last week to check instances of tax evasion.

PTI | Dec 19, 2017, 10:34 IST

Highlights

I-T department is set to issue notices to 4 to 5 lakh high networth individuals across the country who were trading in bitcoins on exchanges

Last week, the department had conducted...

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Date: 2017-12-19 06:43:00
Website: https://timesofindia.indiatimes.com

Related topics : virtual currency exchange bitcoin / virtual currency bitcoin / virtual currency trading india / virtual currency laws in india / virtual currency in india

Coinbase Review | Expert & User Reviews

Equipment Lease Terms

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Coinbase enables all users to convert their money between fiat currency and multiple virtual currencies through a bitcoin exchange at variable conversion rates, but its merchant processing solution has very simple pricing. Merchants can receive their payments from customers in either bitcoin or their local currency. Bitcoin deposits are free to receive and are deposited...

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Website: https://www.cardpaymentoptions.com

Related topics : virtual currency exchange bitcoin / virtual currency bitcoin / using bitcoin for currency exchange / bitcoin currency converter / multi currency bitcoin exchange

Top 6 Best Sites to Track Bitcoin Value & Exchange Rates ...

Shows candlestick charts that are simple and easy to read

Customizable Bitcoin chart options

Users can trade between bitcoins and US dollars

Has Payment Institution License

Uses a hot and cold wallet system

Member of ADCCA (Australian Digital Currency Commerce Association)

Coinbase

Offers insurance protection for stored digital currency

Mobile wallet works on smartphones and in web...

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Website: https://www.advisoryhq.com

China said to ban Bitcoin, virtual currency exchanges | Fin24

China plans to ban trading of bitcoin and other virtual currencies on domestic exchanges, dealing another blow to the $150bn cryptocurrency market after the country outlawed initial coin offerings last week.

The ban will only apply to trading of cryptocurrencies on exchanges, according to people familiar with the matter, who asked not to be named because the information is private....

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Website: https://www.fin24.com

Bitcoin and virtual currencies: Background information and ...

Bitcoin and virtual currencies: Background information and key technical and legal issues

By Brandon Ward

Bitcoin, a peer-to-peer digital currency, operates without the involvement of traditional financial institutions and provides a direct digital alternative to physical currencies and commodities. Governments worldwide generally do not yet see it and other digital currencies as a...

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Website: https://journalistsresource.org

Virtual Coin Exchange Service - BitCoin System Trading

Exchange Service

The exchange is a platform that provides a virtual market for trading.

The exchange service are placed by matching people who want to sell with people who want to buy financial products, received a commission from both, has adopted a business model to make a profit.

It look too complicated unlikely the financial instruments 'buy' or 'sell',

but the exchange will be able to choice either.

Currency dealing is BitCoin Exchange is only product is...

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Website: https://bitcforex.com

Related topics : bitcoin buy sell exchange / virtual currency exchange bitcoin / bitcoin exchange market / bitcoin buy price and sell price / virtual currency exchange platforms

Pluto Exchange | Bitcoin Trading In India | Buy, Sell ...

U571521

Copy This Code

Unocoin is one of the safest bitcoin wallet in India. I've been using this app for a month now and I have earned bitcoines. this app also gives you 200rs worth bitcoins for first signup. I liked the concept they put into this app where we can buy and sell bitcoins securely. The layout and design of this app is very user friendly, we can easily look for an option, it's also...

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Date: 2018-01-04 18:39:28
Website: http://www.plutoexchange.in

The Most Innovative FinTech Business Models - Cleverism

MOST INNOVATIVE FINTECH BUSINESS MODELS

Bitcoin

Various attempts have been made to make virtual currency. However, they often face crucial impediments and consequently have to be abandoned. Bitcoin turned out to be one of the most innovative and secure crypto currency or virtual currency. Due to its highly secured network, Bitcoins are widely accepted as virtual currency and can even be bought in...

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Website: https://www.cleverism.com

Bitcoin Virtual Mining in the Real World – Guardian ...

There is a whole other side to the virtual Bitcoin world that often doesn't get spoken about. It's not often publicised because of the level of complexity that is involved when one starts to venture into how the coin is actually created and mined. �The word "mined" can also be confusing as mining Bitcoin is also a virtual process done in a real-world setting.

One won't see mine shafts...

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Website: http://guardianlv.com

Revenue and Customs Brief 9 (2014): Bitcoin and other ...

other Bitcoin service providers

Background

Bitcoin is seen as the world's first decentralised digital currency, otherwise known as a 'cryptocurrency'. The advent of cryptocurrencies such as Bitcoin is a new and evolving area and determining their legal and regulatory status is ongoing. Cryptocurrencies have a unique identity and cannot therefore be directly compared to any other form of...

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Website: https://www.gov.uk

Feds Indict Russian Over BTC-e Bitcoin Exchange

Anti-Money Laundering (AML) , Compliance , Fraud

Feds Indict Russian Over BTC-e Bitcoin Exchange

Greek Police Arrest Man, Accused of $4 Billion in Bitcoin Money Laundering Mathew J. Schwartz ( euroinfosec ) o July 27, 2017 � �

Credit Eligible

Get Permission

Police in Greece on Tuesday arrested Alexander Vinnik, 38, for allegedly running a massive money laundering operation that processed $4...

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Website: https://www.bankinfosecurity.com

Virtual Barter Software | Online Barter Exchange ...

Software as a Service

Virtual Barter Online Trade Exchange

VirtualBarter is a complete world-class trade exchange management system featuring 24/7 trading in an online Internet marketplace, an online interactive member directory, and point of purchase transaction processing. Built from the ground up as an Internet based trading and account management system, VirtualBarter has everything you'll ever want to run and manage your exchange.

Trade Velocity Through Collaboration

You can elect to link with other exchanges to enable inter-exchange trading and...

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Date: 2015-09-11 05:02:14
Website: http://virtualbarter.net

Related topics : virtual currency exchange software / virtual world currency exchange / virtual currency exchange business / virtual currency exchange

BUY BITCOINS {PAYPAL} – Mini Bitcoins

5 Methods to Buy Bitcoin With PayPal Instantly in 2017

Buy Bitcoin with Paypal - step by step guide

Note:�If you're looking to buy Bitcoin with Paypal or a credit card for trading purposes only�check out� AvaTrade �or� Plus500 �Bitcoin CFD trading. For more information� read this post .

One of the biggest issues today in Bitcoin is the fact that you can't buy it very easily. Even...

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Website: http://minibitcoins.in

Bitcoin is Still Illegal in These 6 Countries - Bitcoinist.com

Bitcoin is Still Illegal in These 6 Countries

Antonio Madeira · May 18, 2017 · 9:30 am ·

Views: 7,131

As the Bitcoin revolution continues to spread throughout the world, there are still some places where buying or using Bitcoin is illegal and can get you in trouble.

Bitcoin Still Illegal in Some Countries

As Bitcoin's popularity continues to grow throughout the world, some governments are...

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Website: http://bitcoinist.com

Bitcoin miner NiceHash reports hack, theft of its 'wallet'

Bitcoin miner NiceHash reports hack, theft of its 'wallet'

December 7, 2017

In this Monday, April 7, 2014, file photo, a bitcoin logo is displayed at the Inside Bitcoins conference and trade show in New York. The bitcoin miner NiceHash says it is investigating a security breach and the theft of the contents of the NiceHash "bitcoin wallet." The company said Thursday, Dec. 7, 2017 in a statement...

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Website: https://phys.org

Three Men Indicted On District’s First Bitcoin-Related ...

Three Men Indicted On District's First Bitcoin-Related Case

CONTACT:����� Barbara Burns

FAX:����������� (716) 551-3051

��

BUFFALO, N.Y.-U.S. Attorney William J. Hochul Jr. announced today that a federal grand jury has returned an indictment charging Richard Petix, 30, of Rochester, NY, with operating an unlicensed money transmitting business and making material...

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Date: 2017-12-30 06:30:59
Website: https://www.justice.gov

Coinbase Exchange Review - Warrior Trading

Coinbase Exchange Review

Coinbase is one of the most trusted companies when it comes to using digital currencies like bitcoins and ethereum. The company was founded in June 2012, 3 years after Satoshi Nakamoto created Bitcoin as the first virtual currency that utilizes peer to peer technology. It is a digital currency wallet provider that allows individuals and merchants to transact virtual...

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Website: https://www.warriortrading.com

What Are Bitcoins? Virtual Currency Explained (Like You're an ...

Members of Congress today will get a crash course on bitcoin, the digital "currency" that allows users to conduct transactions online. In just five years the virtual currency has gone from being worth pennies to nearly $600 apiece. It has funded nascent democracy movements as well as a huge underground marketplace for illegal drugs and weapons.

We set out to answer the question: What Are...

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Website: http://abcnews.go.com

Digital 'bitcoin' currency surpasses 20 national ...

More than $1 billion dollars worth of a digital currency known as "bitcoins" now circulate on the web - an amount that exceeds the value of the entire currency stock of small countries like Liberia (which uses "Liberian dollars"), Bhutan (which uses the "Ngultrum"), and 18 other countries.

So what is a "bitcoin," and why would anyone use it?

Unlike traditional currency, bitcoins are not issued by...

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Website: http://www.foxnews.com

Buy Bitcoins With PayPal Online Websites :- BTC with ...

10 Conclusion

How to Buy Bitcoins with PayPal - Working Methods 2017

Before talking about Paypal to Bitcoin exchange, you should have minimum knowledge about Bitcoins. If you're not familiar with bitcoins, you're probably one of the very few people not taking advantage of online trading. Along with other cryptocurrencies, bitcoin is a major global means of exchange for trading in binary options...

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Website: https://www.quintup.com

Why Amazon is right to steer clear of Bitcoin - Engadget

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Amazon has quashed the idea that it would be accepting Bitcoin as a method of payment. "We have considered it," said Tom Taylor, Amazon's head of seller services in an interview with Re/code , "but we're not hearing from customers that it's right for them, and don't have any plans within Amazon to engage Bitcoin." That stance might sound strange, given the company's history of staying...

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Website: https://www.engadget.com

Related topics : use bitcoin on amazon india / use bitcoin on amazon / virtual world currency exchange / virtual world currency / virtual currency exchange bitcoin

Podex Exchange | VIRTUAL COIN TRADER

Thank you for your interest in Podex Exchange service!

Here is a short manual describing how you can exchange virtual coins to real money or currency of other grid.

Teleport to� Podex office �in your grid and pay the orange terminal (see the picture above) the amount of virtual money which you want to exchange.��Please mind that minimum amount to sell is 1000 coins.

After successful payment you will see a blue pop-up with the link to Podex web page....

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Date: 2017-12-14 10:03:58
Website: http://www.podex.info

Related topics : virtual currency exchange rates / virtual currency exchange business / virtual currency exchange

FinCEN Adds ‘Money Transmitter’ Tag to Virtual Currency ...

The Financial Crimes Enforcement Network (FinCEN) recently released new guidelines for bitcoin payment processors and trading exchanges

. As per the U.S. law, such virtual currency companies may be considered as money services businesses. The chief U.S. money laundering and terrorist financing regulator expressed that bitcoin exchanges may act as money transmitters even though theses exchanges...

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Website: https://letstalkpayments.com

Related topics : bitcoin exchange money transmitter / bitcoin exchange money laundering / bitcoin money exchange / virtual currency exchange bitcoin / bitcoin payment processor

‘Bitcoin is a currency’: Federal judge says the virtual ...

Is the "online crypto-currency" Bitcoin money like dollars or is it no more the business of government regulators than virtual gold pieces in an online game? A federal judge may have ended the controversy with an opinion issued in a Bitcoin-related fraud case -- and the verdict is: It's money.

The defendant, Texan Trendon Shavers, is accused by the SEC of committing fraud in the form of a...

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Website: nbcnews.com

Related topics : online currency exchange bitcoin / virtual currency exchange bitcoin / virtual currency like bitcoin / bitcoin money exchange / digital money like bitcoin

Symposium on "Bitcoins in Lebanon" - University of Balamand

The Faculty of Business and Management & the Faculty of Science organized a symposium on Bitcoins on May 22 that brought together a number of experts for a discussion of the virtual currency as seen by practitioners, academicians and entrepreneurs. The event took place in the Batlouni Amphitheater on the Achrafieh Campus.

A virtual currency that is unregulated by any central bank or government,...

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Date: 2017-12-20 06:10:17
Website: http://www.balamand.edu.lb

Bitcoin: More than a Bit Risky | FINRA.org

Bitcoin and other digital currencies continue to garner attention in media reports and elsewhere. Government hearings have been held on virtual currencies, and media reports have focused not only on virtual currency's potential promise, but also on very real abuses and criminal activity associated with it.�

In December�2015, the Securities and Exchange Commission (SEC) charged two Bitcoin...

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Date: 2017-12-19 22:22:20
Website: http://www.finra.org

Changelly Review Best Cryptocurrency Exchange For 2018 ...

*Real Reviews:

1- Registration is free:

Registration on Changelly is 100% free for all users. Like other cryptocurrency websites, you do not need to submit a lot of information on Changelly to get register where you can use your social accounts like Facebook to get register on Changelly for free. The whole process of registration is less than 1 minutes. So, if you are tired of other networks,...

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Website: https://www.ripplecoinnews.com

Related topics : buy digital currency with credit card / buy digital currency ripple / digital currency exchange rates / buy digital currency / digital currency exchange business

Bitcoin Virtual Currency: Unique Features Present Distinct ...

Bitcoin Virtual Currency: Unique Features Present Distinct Challenges for Deterring Illicit Activity by FBI

(U//FOUO) Bitcoin - A decentralized,1 peer-to-peer (P2P) network-based virtual currency -

provides a venue for individuals to generate, transfer, launder, and steal illicit funds with some

anonymity. Bitcoin offers many of the same challenges associated with other virtual currencies,

such...

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Website: https://www.barnesandnoble.com

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What is Bitcoin and how is it used? – NDTV Profit

What is Bitcoin and how is it used?

Virtual currencies, or digital cash, are gaining popularity as a new way to purchase goods or services. They are not regulated or issued by a central bank. The most popular virtual currency is Bitcoin, which soared above $1,000 for the first time on Wednesday.

NDTV | Last Updated: November 29, 2013 12:32 (IST)

EMAIL

COMMENTS

Virtual currencies, or digital cash,...

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Date: 2017-12-20 06:14:58
Website: http://profit.ndtv.com

The State of Bitcoin in Kenya - BTCMANAGER

In this article, you will be introduced to the state of bitcoin in Kenya to give you an insight into East Africa's leading bitcoin hub.

Kenya's Bitcoin Ecosystem

Kenya is among the four main Bitcoin economies in Africa next to South Africa, Nigeria, and Ghana. While bitcoin awareness and adoption are growing in many parts of Africa, only the countries mentioned above offer Bitcoin ecosystems that...

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Website: https://btcmanager.com

IS BITCOIN GOOD FOR BUSINESS? | Global Finance Magazine

As the bitcoin surge picks up momentum, corporate financial executives are wondering what it means for their business and how they can manage the risk of adopting--or not adopting--digital currencies.

Dismissed as either a fad or Ponzi scheme, cryptocurrencies remain an enigma to most businesses, but by ignoring them, they may be missing a huge opportunity. Global uptake is increasing, and new...

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Date: 2017-12-20 05:06:21
Website: https://www.gfmag.com

World first: Bitcoin becomes the official currency of a ...

Bitcoin becomes the official currency of a country

Bitcoin becomes the�national currency of Atlantis.... no, seriously! The entire scene which surrounded Bitcoin when it first rose to popularity...

Bitcoin becomes the�national currency of Atlantis.... no, seriously!

The entire scene which surrounded Bitcoin when it first rose to popularity fell into two camps - those who had strong belief in...

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Website: https://financefeeds.com

Related topics : bitcoin official currency countries / bitcoin official currency / bitcoin national currency / virtual currency like bitcoin / virtual currency exchange bitcoin