23 Jun '13, 8pm

Bitcoin Foundation comes under fire in California

Bitcoin Foundation comes under fire in California

July 9-10, 2013 San Francisco, CA Tickets On Sale Now Government authorities increasingly view digital currencies, namely Bitcoin, as a means for people to evade tax. So it should come as no surprise that Bitcoin operators and organizations have come under scrutiny. The Bitcoin Foundation today revealed it has received a cease-and-desist letter from the California Department of Financial Institutions. The Foundation, which claims to have an international membership, was charged with engaging in the business of money transmission without a proper license. Forbes contributor Jon Matonis reported the news , and disclosed in his bio that he works for the Foundation. Matonis said that penalties could be as severe as $1000 to $2,500 per violation per day, and may include criminal prosecution. He suggests that it has come as a shock, given that the Foundation advocates for the Bi...

Full article: http://venturebeat.com/2013/06/23/bitcoin-foundation-come...

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Bitcoin Foundation Gets Cease-And-Desist Letter...

businessinsider.com 23 Jun '13, 8pm

The Bitcoin Foundation has received a cease-and-desist letter from the California Department of Financial Institutions, Fo...

California sends a cease and desist order to th...

arstechnica.com 23 Jun '13, 9pm

California's Department of Financial Institutions has issued a cease and desist letter to the Bitcoin Foundation for "alle...

California Sends a Cease and Desist Order To th...

yro.slashdot.org 24 Jun '13, 6am

"California's Department of Financial Institutions has issued a cease and desist letter to the Bitcoin Foundation for "all...

California sends cease and desist letter to Bit...

wired.co.uk 24 Jun '13, 9am

California's Department of Financial Institutions has issued a cease and desist letter to the Bitcoin Foundation for "alle...

California issues cease and desist letter to Bitcoin Foundation

California issues cease and desist letter to Bi...

coindesk.com 23 Jun '13, 10pm

The bitcoin community was reeling over the weekend, after it was revealed that California’s state financial regulator had ...

Bitcoin Foundation warned by California financi...

pcworld.com 24 Jun '13, 1am

A foundation created last year to shepherd Bitcoin's software development has received a stern warning from a California f...

California orders Bitcoin Foundation to "cease ...

wired.com 24 Jun '13, 7pm

The California regulator that oversees the state’s banks, money-transmitters and credit unions thinks the nonprofit organi...

Bitcoin Foundation Receives Cease And Desist Or...

forbes.com 23 Jun '13, 3pm

Directly following last month’s Bitcoin 2013 conference event in San Jose, CA that brought good revenue into the state, Ca...

California Accuses Bitcoin Foundation of Unlice...

bitcoinmagazine.com 23 Jun '13, 8pm

on Forbes.com by Bitcoin Foundation Board Member and Secretary Jon Matonis announced today that the Bitcoin Foundation had...

California Says the Bitcoin Foundation Is a Mon...

wired.com 24 Jun '13, 5am

The California regulator that oversees the state’s banks, money-transmitters and credit unions thinks the nonprofit organi...

My comment on "Bitcoin Foundation Receives Ceas...

forbes.com 23 Jun '13, 3pm

Directly following last month’s Bitcoin 2013 conference event in San Jose, CA that brought good revenue into the state, Ca...

California issued cease and desist order against Bitcoin Foundation

California issued cease and desist order agains...

thehackernews.com 24 Jun '13, 8am

The Bitcoin Foundation has received a cease-and-desist letter from the California Department of Financial Institutions, wh...

Bitcoin Foundation ordered to cease operations in California

Bitcoin Foundation ordered to cease operations ...

news.cnet.com 24 Jun '13, 1am

The Bitcoin Foundation, a nonprofit organization devoted to promoting best practices for the virtual currency, has been or...

Bitcoin Foundation ordered to cease operations in California

Bitcoin Foundation ordered to cease operations ...

news.cnet.com 24 Jun '13, 12am

The Bitcoin Foundation, a nonprofit organization devoted to promoting best practices for the virtual currency, has been or...

Bitcoin Foundation ordered to cease operations in California

Bitcoin Foundation ordered to cease operations ...

news.cnet.com 24 Jun '13, 12am

The Bitcoin Foundation, a nonprofit organization devoted to promoting best practices for the virtual currency, has been or...