Bitcoin at a Crossroads – Tackling the BitLicense

Folks, I’ll be honest.  No other news today really matters.  Today is all about the BitLicense and the necessity of assertive and compelling public comments – coordinated or individual – to the NYSDFS in the coming weeks.  Below is my breakdown and lengthy proposals for attacking the BitLicense’s deficiencies. These aren’t perfect after two hours of […]

Poll: Most predict Bitcoin bubble – The Hill

Poll: Most predict Bitcoin bubbleThe HillThe current trading price of about $620 per bitcoin is unsustainable, according to 55 percent of the investors, analysts and traders surveyed in the Bloomberg poll. They said that after a 45 percent drop from a …

BitcoinExpo 2014 Coming to Shanghai

If you’re the type to keep track of bitcoin conferences (might as well since we’re about a day away from the start of The North American Bitcoin Conference in Chicago), The post BitcoinExpo 2014 Coming to Shanghai appeared first on NEWSBTC.

Lawsky proposes new Bitcoin rules – New York Post

Lawsky proposes new Bitcoin rulesNew York PostBut the proposal by the Department of Financial Services superintendent released on Thursday won’t protect the digital currency investors from malicious hackers looking to loot exchanges, according to one prominent bitcoin booster. “They’re a huge …

Bitcoins Can’t Shake Bubble Image in Poll After 45% Drop – Bloomberg

Bitcoins Can’t Shake Bubble Image in Poll After 45% DropBloombergBitcoins, which lost 45 percent of their value after skyrocketing to more than $1,100 last year, are poised to tumble further, according to the latest Bloomberg Global Poll of financial professionals. Fifty-five percent of those surveyed said the …New Bitcoin Poll Shows Bubble Fears Among InvestorsCoinDeskall […]

Early Returns on the “BitLicense” Proposal: Process

With the release of a proposed “BitLicense Regulatory Framework for Virtual Currency Firms” by the New York Department of Financial Services this morning, I’ve spent much of the day digesting the proposal and working to come up with intelligent things to say to reporters. We’ll be poring over the proposal, of course, and later offer […]

Bitcoin Industry Leaders Sound Off on New York BitLicense Proposal – CoinDesk

Bitcoin Industry Leaders Sound Off on New York BitLicense ProposalCoinDeskThe release of the New York Department of Financial Services’ (NYDFS) proposed regulatory framework for bitcoin companies operating in New York has brought mixed reaction within the digital currency industry. With varying viewpoints dominating Twitter …

BitPay Launches Facebook App for Easy Bitcoin Sharing – CoinDesk

CoinDeskBitPay Launches Facebook App for Easy Bitcoin SharingCoinDeskThe launch comes amid a boom in the number of bitcoin companies seeking to leverage social media to spread digital currency adoption. In May, San Francisco-based QuickCoin launched a social wallet, while Uruguay-based Moneero launched with a …BitPay Introduces ‘Get Bits’: A Facebook Bitcoin Sharing AppnewsBTC70% of Americans surveyed […]