For all the ecosystem’s advancements, buying bitcoin with cash is still a slow process, one some argue has been traditionally underserved by industry startups. BitQuick, a peer-to-peer cash-for-bitcoin startup, however, is looking to reinvigorate this dormant sector. By offering some basic bitcoin protections, BitQuick aims to serve the underbanked market while positioning itself as more secure and convenient than competitors. […]
BitQuick Uses Bitgo’s Insurance Policy to help Capture US Cash-to-Bitcoin Market
For all the ecosystem’s advancements, buying bitcoin with cash is still a slow process, one some argue has been traditionally underserved by industry startups. Building on the foundation of Bitgo’s $250,000 insurance policy, BitQuick, a peer-to-peer cash-for-bitcoin startup, however, is looking to reinvigorate this dormant sector. By offering some basic bitcoin protections, BitQuick aims to serve the underbanked market while […]
Bitcoin Alternative LEOCoin Linked to Suspected Pyramid Scheme
The latest bitcoin alternative to garner media attention, LEOCoin has so far trumpeted the more than 130,000 merchants that have allegedly signed on to accept it as payment. This claim, the headlines assert, suggests that LEOCoin is quickly gathering interest from an international community. However, representatives of the project have for more than a week been unwilling […]
Why Heartland Payments is ‘Crawling’ Toward Bitcoin Integration
When Heartland Payments e-commerce director Joe Wysocki looks to add a product or service to his company’s portfolio, he looks for three factors – that it will help Heartland’s merchants improve security, convert shoppers and obtain repeat business. Bitcoin, Wysocki says, aligns with these principles. In a new interview with CoinDesk, Wysocki discussed the strategy […]
Buttonwood SF Founder Petitions California’s Proposed Bitcoin Bill
The founder of Buttonwood SF has started an online petition against a California legislative proposal for regulating digital currencies. Penned by Assemblyman Matt Dababneh, chairman of the state’s Banking and Finance Committee, the proposal aims to regulate virtual currency businesses under the state’s Money Transmission Act. In so doing, the bill, otherwise known as AB-1326, would prohibit virtual currency businesses from […]
