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Bitcoin Activity Green-lighted by Monetary Authority of Singapore
Singapore has opted not to follow China’s example of cracking down on Bitcoin activity. The Indochinese nation has chosen instead to allow exchanges of the digital currency. In an official statement to...
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Chicago Could Soon House Nation’s First Bitcoin Kiosk
Chicago is gearing to be one of the first U.S. cities with a Bitcoin kiosk. So says Windy City Bitcoin founder Rich Gatz, whose company has ordered a kiosk from Robocoin – the world’s only manufacturer...
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Bank of China Unveils M-Payments App
Bank of China has released a mobile app that BOC cardholders can use for payment purposes. As a provider of consumer financial services throughout Macau, Taiwan, Hong Kong and mainland China, BOC has...
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Lamassu Bitcoin ATM Sales Top 100 Units
The year concludes on a high note for Bitcoin ATM manufacturer Lamassu, which has just sold its 100th machine and received at least 20 more orders. Lamassu is marking this milestone by unveiling an...
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PayPal Arouses Speculation of Competing Digital Currency
PayPal might go head-to-head with Bitcoin in the digital currency market. The payment processor’s parent company, eBay, filed a recently disclosed patent for something dubbed the “gift token.”...
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Coinbase Launches Bitcoin Merchant App, Digital Wallet
Coinbase has launched a POS app that allows retailers to take Bitcoin currency via mobile. The Bay Area-based Bitcoin platform raised $25 million in a December Series B round, which brought the...
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Tax, Regulation Talk Prompts Closure of Indian Bitcoin Platform
Dec. 26 marked the closing of BuySellBitCo.in – the biggest Bitcoin trading platform in the Indian subcontinent. The move was sparked by the Reserve Bank of India, which had warned consumers a few days...
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Bitcoin ATMs Coming to Hong Kong & Ontario
Bitcoin fever has entered a new year with kiosks planned for numerous cities, including upcoming installations in Hong Kong and Toronto, Ont. According to Robocoin spokesman Sam Glaser, the Bitcoin ATM...
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Overstock.com Now Taking Payments in Bitcoin Currency
Overstock.com has cut a deal with Coinbase that will allow customers of the discount e-retailer to pay for merchandise with Bitcoins. With over 19,000 merchant clients, Coinbase exchanges Bitcoins into...
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BitPay Launches API for Bitcoin Payrolls
BitPay has launched an application programming interface (API) in beta form that allows companies to pay portions of employee net wages in Bitcoin currency. Payroll capabilities are the latest function...
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Wells Fargo Forms Group to Investigate Bitcoin
Wells Fargo has called together a group of financial experts and federal representatives for a discussion on Bitcoin engagement. According to Wells Fargo Chief Executive Officer John Stumpf, the bank...
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Bitcoin Deemed Invalid by Bank of Finland
For a time it seemed like Finland was joining Canada at the forefront of Bitcoin acceptance. Now it appears that the Scandinavian outlier has been swallowed by the Sleeping Dragon. Mere months after...
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Bitcoin Now Accepted by Sacramento Kings Franchise
The Sacramento Kings are now accepting payments in Bitcoins for tickets and merchandise. Fans of the basketball team can process their purchases through BitPay – a Bitcoin payment processor. With this...
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ATMIA 2014 to Showcase Genesis1 Bitcoin ATM
Genesis Coin Inc. will be presenting its banner product, the Genesis1 Bitcoin ATM, at the upcoming ATMIA USA conference, which will take place in Orlando, Fla., between the 11th and 13th of February....
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Irish Online Payment Startup Stripe Raises $80 Million
Stripe has secured $80 million in a Series C funding round led by the Founder’s Fund, with contributions from Allen & Co., Khosla and Sequoia Capital. Two years after its launch by Irish brothers...
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KryptoKit Launches Bitcoin Shopping Directory
KryptoKit has launched a shopping directory of online merchants and services that take payments in Bitcoins. The Toronto-based company launched its directory at the North American Bitcoin Conference in...
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FBI to Sell Bitcoins Seized in Silk Road Raid
Four months after the shuttering of online black market Silk Road and the arrest of founder Ross William Ulbricht, the FBI has been given the green light to sell some of the virtual currency seized...
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Canadian Bitcoin ATMs Reach $10k in Daily Transactions
BitAccess is currently notching up $10,000 in daily transactions with its three Bitcoin ATMs across Canada. The company has machines up and running in Montreal, Ottawa and Toronto, with more to come in...
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Revel Upgrades POS Platform w/ Bitcoin Acceptance
Revel Systems has integrated Bitcoin acceptance into its POS platform for iPads, on which merchant users will now be able to take payments in the digital currency. This latest move makes Revel the...
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