Washington Lawmakers Are Trying to Keep Bitcoin Out of Pot Shops

Washington Lawmakers Are Trying to Keep Bitcoin Out of Pot Shops

coindesk.com 19 Jan '17, 1pm

A new bill filed in the Washington State Senate is seeking to prohibit local marijuana businesses from using bitcoin. Sponsored by Senators Steve Conway and Ann Rivers, SB 5264 seeks to amend some of the state’s rules governing the sale and distribution of marijuana products. The move comes more than four years after Washington voters passed a ballot measure legalizing marijuana in November 201...

Bitcoin is having trouble getting through $900 (BTC)

businessinsider.de 19 Jan '17, 12pm
Bitcoin is having trouble getting through $900 (BTC)

Bitcoin holds little changed near $891 a coin as of 7:02 a.m. ET. The cryptocurrency is contending with resistance in the $900 area for the t...

Bitcoin exchange BTCC says operating normally, no official word from China central bank

reuters.com 19 Jan '17, 4am

SHANGHAI The head of major Chinese bitcoin exchange BTCC said on Thursday the platform was operating normally and that it had stopped offerin...

Chinese Investors Exit Bitcoin, Flood Into Gold ETFs

Chinese Investors Exit Bitcoin, Flood Into Gold ETFs

zerohedge.com 20 Jan '17, 1am

Amid a weakening yuan and a tumbling Bitcoin (amid crackdowns on 'virtual' capital outflows from China), Chinese money is moving to bullion as investors seek an alternative to the 'managed' fiat paper offered by the PBOC. In the week through Monday, China attracted $52 million, the biggest inflow into commodity-linked exchange-traded funds of all countries tracked by Bloomberg . As China cracks...

Bankers Praise Bitcoin (Not for the Reasons You Think)

inc.com 19 Jan '17, 8pm

The biggest benefit of Bitcoin isn't the ability to instantly send and receive money regardle...

What will China do next to stop cash flowing out of the country?

bloomberg.com 19 Jan '17, 3am
What will China do next to stop cash flowing out of the country?

The biggest move authorities can make would be to force exporters to sell their foreign-excha...

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