Candidates in the ongoing Bitcoin Foundation election to fill two vacant board of director positions have expressed concern at a low voter turnout. Candidate Jim Harper of the Cato Institute, and former global policy counsel for the foundation, has pointed out that only 364 of the organisation’s roughly 2,728 members have registered to vote – […]

How will your garbage disposal know to trust your dishwasher? While the question might not sound serious, it’s key to understanding the power of Factom, the much-anticipated blockchain-based recordkeeping network, according to its creator Paul Snow. Continue reading at CoinDesk Powered by WPeMatico

Digital currency exchange BTER announced that it has lost 7,170 bitcoins, or roughly $1.75 million at press time, in an apparent hack on its cold wallet system. In a statement posted to the China-based exchange’s website, the company said that it had shut down its platform in the wake of the attack and that withdrawals for user balances […]

Marco Santori is a business attorney for technology companies. In particular, digital currency businesses. He is also the chairman of the Bitcoin Foundation’s Regulatory Affairs Committee and author of CoinDesk’s series on bitcoin law (find parts 1, 2 and 3 here). New York’s Department of Financial Services (DFS) published its original BitLicense proposal in July of 2014. That original proposal drew applause […]

The Québec regulatory agency that oversees Canadian financial markets has enacted new policies that mandate virtual currency ATM operators and virtual currency trading platforms obtain a license. The Autorité des marchés financiers (AMF) has amended its Policy Statement to the Money-Services Business Act to apply to select bitcoin businesses operating in the jurisdiction. The AMF stressed in […]