The Reserve Bank of Australia (RBA) has indicated that it is not in favor of regulating bitcoin and other digital currencies, stating that “it is currently unlikely that any benefits of regulation would outweigh the potential cost”. The statements, issued on 7th April, are the latest from Australia’s central bank, which went so far as […]

The Bitcoin Foundation board of directors has issued a new statement on the controversy surrounding its current financial situation and proposed restructuring. Overall, the blog post seeks to clarify perceived misstatements issued over the weekend in a post that generated widespread discussion in the community. The full release takes aim at accusations that the organisation is […]

Kentucky Senator Rand Paul, who today formally announced his bid for the 2016 Republican presidential nomination, has begun accepting bitcoin donations. Donors can select bitcoin from a number of available payment options, with bitcoin payments being enabled by processor BitPay. Continue reading at CoinDesk Powered by WPeMatico

Less than six months after the Bitcoin Foundation announced its intention to focus solely on core development, it is once again at a financial and existential crossroads that finds the future of the trade organization shrouded in uncertainty. Though much about the situation remains obscured by argument, current board members, core developers and the group’s interim […]

Developers for Bank of New York Mellon Corp have been experimenting with bitcoin for use as part of the bank’s newly created corporate recognition program, according to The Wall Street Journal. The so-called “BK Coins” will be awarded to staff for contributions to the bank’s software development, and can be redeemed for gift cards and other rewards. […]