UPDATED (10th February 2015, 3:30am GMT): Updated with comment from project manager Sarah Blincoe. An event expected to involve the distribution of bitcoin to 70,000 residents of Dominica has been canceled. Continue reading at CoinDesk Powered by WPeMatico
SWIFT Event to Discuss Bitcoin’s Impact on Banking
An event to be held by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) next month is set to include a panel of payments and cryptocurrency professionals. Taking place in New York, the Business Forum panel will discuss cryptographic protocols and their potential impact on correspondent banks, those that provides services to other financial entities. […]
$25,000 in Bitcoin Seized from Alleged Software Scam Operator
A cache of bitcoins and litecoins has been seized by federal law enforcement officials as part of an investigation into alleged counterfeit software sales and distribution. Approximately 105 BTC and 900 LTC were cited in a civil forfeiture that included more than $7m, hundreds of gold and silver bars and coins, and a number of […]
Pantera Leads $1.1 Million Funding for African Bitcoin Startup BitPesa
Kenya-based bitcoin services provider BitPesa has raised $1.1m as part of a new funding round led by hedge fund Pantera Capital. Additional participants in the round included VC firms Bitcoin Opportunity Corp, Crypto Currency Partners, Future/Perfect Ventures and Stephens Investment Management. BitPesa CEO Elizabeth Rossiello explained that funding comes at a time when the nine-member team […]
Russia’s Interior Ministry Defers to Central Bank for Bitcoin Guidance
The Ministry of the Interior of the Russian Federation (MVD) has issued new statements on bitcoin and its possible regulation under domestic law. The agency tasked with implementing government policy and regulation suggested it would wait on a decision by the Bank of Russia, the country’s central bank, before taking any action on matters of […]
