05 Dec '13, 10am

China, Bank of America weigh in on Bitcoin - USA TODAY:

Bitcoin tokens in Sandy, Utah. (Photo: Rick Bowmer, AP) Story Highlights Fears of a Bitcoin bubble China bans financial institutions from trading Bitcoins Bank of America issues its first research report on the virtual currency SHARE 203 CONNECT 95 TWEET 10 COMMENT EMAIL MORE Two major financial players, China's central bank and the Bank of America, weighed in Thursday on opposite sides on the viability of the wildly popular virtual currency Bitcoin. The price of a Bitcoin fell below $1,000 after China's central bank banned financial institutions from trading the emerging currency, while Bank of America Merrill Lynch, in its first research report on Bitcoin, said the currency has potential to become a "major means" of payment. The People's Bank of China said in a statement on its website that Bitcoin isn't a currency with "real meaning" and that its legal status was differ...

Full article: http://www.usatoday.com/story/money/business/2013/12/05/b...

Tweets

#Bitcoin has ‘no legal status’ – China Central Bank

#Bitcoin has ‘no legal status’ – China Central ...

rt.com 05 Dec '13, 9am

China warns banks to avoid bitcoin Published time: December 05, 2013 09:03 Edited time: December 05, 2013 11:52 Get short ...

China Warns Of Bitcoin Risks And Tells Financial Institutions Not To Trade It

China Warns Of Bitcoin Risks And Tells Financia...

businessinsider.com 05 Dec '13, 8am

BEIJING (Reuters) - China's central bank warned on Thursday that financial institutions should not trade the digital curre...

Bank of America says Bitcoin could become a 'ma...

theverge.com 05 Dec '13, 5pm

Analysts at Bank of America Merrill Lynch issued the bank's first research report today on Bitcoin, the virtual currency t...

Bank of America Analysts Say Bitcoin's Value Is...

forbes.com 05 Dec '13, 8pm

Big day for Bitcoin on Thursday. China issued guidance on the currency telling its citizens that they’re welcome to buy an...

Bank of America: Bitcoin Has Clear Potential for Growth

Bank of America: Bitcoin Has Clear Potential fo...

coindesk.com 05 Dec '13, 3pm

Bank of America has become the first US bank to talk openly about bitcoin, having issued a client note stating that the di...

Bank of America: Bitcoin Will Be 'Serious Compe...

inc.com 06 Dec '13, 11pm

For the first time since the mysterious Satoshi Nakamoto created Bitcoin in 2009, a major Wall Street bank has issued an o...

China central bank warns banks against use of bitcoin

China central bank warns banks against use of b...

cnbc.com 05 Dec '13, 8am

Getty Images China's central bank warned on Thursday that financial institutions should not trade the digital currency bit...

China central bank warns banks against use of bitcoin

China central bank warns banks against use of b...

in.reuters.com 05 Dec '13, 8am

BEIJING (Reuters) - China's central bank warned on Thursday that financial institutions should not trade the digital curre...

China’s central bank says it doesn’t recognize ...

thenextweb.com 05 Dec '13, 9am

Crypto-currency Bitcoin has been making headlines in China recently, especially in the aftermath of BTC China overtaking J...

Bitcoin price tumbles after warning from Chinese central bank

Bitcoin price tumbles after warning from Chines...

theguardian.com 05 Dec '13, 12pm

The Chinese central bank has warned the country's financial institutions not to trade in bitcoin, saying that the digital ...

China Bans Financial Companies From Bitcoin Transactions

China Bans Financial Companies From Bitcoin Tra...

bloomberg.com 05 Dec '13, 8am

China’s central bank barred financial institutions from handling Bitcoin transactions, moving to regulate the virtual curr...

Bank of America deems Bitcoin the next big thing

news.cnet.com 05 Dec '13, 11pm

It appears not only people in the tech world believe Bitcoin is the currency of the future -- one of the US' biggest banks...

China's central bank warns financial institutio...

venturebeat.com 06 Dec '13, 9am

China central bank People’s Bank, Chinese Ministry of Industry and Information Technology, and another three authorities i...

BITCOIN CRASHES

businessinsider.com 05 Dec '13, 9am

Bitcoin prices have fallen by roughly $150 this morning. Earlier today, the People's Bank of China warned that the controv...