US Senator Demands Federal Regulators to Ban Bitcoin

US Senator Demands Federal Regulators to Ban Bitcoin Senator from West Virginia, Joe Manchin, has sent a formal letter to federal regulators to ban Bitcoin. His letter which was addressed to several regulatory bodies, the Federal Reserve, and the United States Treasury, went so far as to say that US consumers stand to lose by Continue reading “US Senator Demands Federal Regulators to Ban Bitcoin”

MtGox being investigated in Japan and received US subpoena

MtGox being investigated in Japan and received US subpoena CEO of MtGox, Mark Karpeles issued a short statement on Wednesday to reassure the public that he is still in Japan and has not absconded with millions of dollars of users’ Bitcoins. On the main page of what is remaining of the once biggest Bitcoin exchange Continue reading “MtGox being investigated in Japan and received US subpoena”

MtGox Trading Halted, Website Offline

MtGox Trading Halted, Website Offline Trading at the Tokyo-based MtGox was halted, and the fact that the website itself is offline spells doom. It is a known fact that MtGox has been sick for a long time.   MtGox Problem MtGox users were experiencing major lag in withdrawals last year, and there are news that Continue reading “MtGox Trading Halted, Website Offline”

Central Bank of Jordan warned the public against using Bitcoin

Central Bank of Jordan warned the public against using Bitcoin In line with other central banks, the Central Bank of Jordan (CBJ) has warned the public against the use of digital currency, particularly Bitcoin.   CBJ said that digital currencies are not legal tender and that investing in digital currencies carry high risks, citing severe Continue reading “Central Bank of Jordan warned the public against using Bitcoin”

Singapore will closely monitor digital currency use in the country

Singapore will closely monitor digital currency use in the country The Deputy Prime Minister and Minister in charge of the Monetary Authority of Singapore (MAS), Tharman Shanmugaratnam has announced on February 21 that MAS will be closely monitoring digital currency use in the country.   In reply to the question of a Parliament member, Mary Continue reading “Singapore will closely monitor digital currency use in the country”

Canada’s VirtEx announced support for Litecoin trading

Canada’s VirtEx announced support for Litecoin trading Canada’s biggest Bitcoin exchange, VirtEx has announced that they are opening trades for Litecoin with immediate effect. Customers will be able to trade Litecoin with Canadian dollar or Bitcoin. Our site will be going down at 9:30am(MST) for approximately 2 hours to upgrade and launch LTC/CAD and BTC/LTC Continue reading “Canada’s VirtEx announced support for Litecoin trading”

Bank of Thailand’s stance on Bitcoin may be misinterpreted

Bank of Thailand’s stance on Bitcoin may be misinterpreted Just days after the report that Bank of Thailand allegedly changed its stance on Bitcoin, Thailand’s largest Bitcoin exchange, Bitcoin Co. Ltd. is once again being threatened to be treading on illegal ground.   The company reopened its Bitcoin buying and selling operation on February 15, Continue reading “Bank of Thailand’s stance on Bitcoin may be misinterpreted”

Verso Cards to secure your Bitcoin

Verso Cards to secure your Bitcoin Cryptocurrency is not a new term if you have been noticing the news lately. The digital currency incorporates the principles of cryptography for a decentralized medium of exchange. The main difference between fiat money and cryptocurrency is that the latter is intangible, not something that you can hold in Continue reading “Verso Cards to secure your Bitcoin”

Winklevoss twins launch Winkdex, Price Index for Bitcoin

Winklevoss twins launch Winkdex, Price Index for Bitcoin Tyler and Cameron Winklevoss are creating their very own Bitcoin Price Index. The twins are huge advocates of Bitcoin, have launched a blended Bitcoin price index, the Winklevoss Index, otherwise known as the Winkdex which they say reflects the true price of the digital currency. The index Continue reading “Winklevoss twins launch Winkdex, Price Index for Bitcoin”