30 Jan '14, 9pm

At Regulatory Hearing, Prosecutors Admit Bitcoin Is a Technological Breakthrough

At Regulatory Hearing, Prosecutors Admit Bitcoin Is a Technological Breakthrough

In the course of testifying before members of the New York State Department of Financial Services on Wednesday, two government prosecutors as much as admitted that Bitcoin represents a technological breakthrough and perhaps is, as many Bitcoin proponents have long argued, a better form of money than any that had previously existed. You had to listen closely to hear it. When asked by state financial services superintendent Benjamin Lawsky whether virtual currencies are qualitatively different from other technologies, such as prepaid "burner" mobile phones, that criminals might use to further their illegal activities, Cyrus Vance, district attorney of New York County, said they are. "I think there is a qualitative difference, and that is that we have seen the digital currencies becoming part of the mainstream currency market and financial transactions market," Vance said. Mi...

Full article: http://www.entrepreneur.com/article/231167

Tweets

Bitcoin Investors Urge Restraint at Regulatory Hearing

Bitcoin Investors Urge Restraint at Regulatory ...

spectrum.ieee.org 29 Jan '14, 8pm

The New York State Department of Financial Services held its first of two public hearings yesterday to discuss the regulat...

Law Enforcement Strikes Back in Bitcoin Hearing

Law Enforcement Strikes Back in Bitcoin Hearing

dealbook.nytimes.com 29 Jan '14, 9pm

Eric Thayer/Reuters Cyrus Vance, left, the Manhattan district attorney, and Richard B. Zabel, a prosecutor with the United...

#Bitcoin

coindesk.com 31 Jan '14, 12am

The US Financial Crimes Enforcement Network (FinCEN) published two new rulings on 30th January that aim to bring clarity a...

Bitcoin's Legality Around The World

forbes.com 01 Feb '14, 1am

Alderney (Channel Islands): Even though it’s been heralded as the possible first Bitcoin Isle , there’s no official govern...

Bitcoin, the king of crypto-currencies, has had...

twitter.com 01 Feb '14, 1am

To bring you Twitter, we and our partners use cookies on our and other websites. Cookies help personalize Twitter content,...

How governments choose to respond to Bitcoin co...

foreignaffairs.com 31 Jan '14, 3pm

Why all the fuss? Much of it has to do with Bitcoin’s pure novelty and its wild price fluctuations (from under $20 per bit...

10 Financial Innovations That Are Changing The World More Than Bitcoin

10 Financial Innovations That Are Changing The ...

businessinsider.com 30 Jan '14, 7pm

REUTERS/Antony Njuguna A Kenyan farmer sends a text message to enquire about the latest maize prices from her maize fields...

Popular Budgeting App Mint Adds Bitcoin Support With Coinbase

Popular Budgeting App Mint Adds Bitcoin Support...

businessinsider.com 30 Jan '14, 4pm

Mike Nudelman/Business Insider The very popular personal finance app Mint just added integration with Coinbase — a bitcoin...

More Than 14,000 People Around The Globe Stream...

businessinsider.com 03 Feb '14, 12pm

Welcome to our new Payments Insider newsletter, a morning email with the top news and analysis on the digital payments ind...

Winklevosses’ lawyer in talks with SEC over bit...

bloomberg.com 30 Jan '14, 8pm

The lawyer who drafted Cameron and Tyler Winklevoss ’s plan for an exchange-traded fund investing in the virtual currency ...

I'll admit it. I've been using Rails for years ...

guides.rubyonrails.org 30 Jan '14, 3pm

method does the heavy lifting of rendering your application's content for use by a browser. There are a variety of ways to...

Bitcoin is the most famous type of cryptocurrency, but it's far from the only one.

Bitcoin is the most famous type of cryptocurren...

aljazeera.com 02 Feb '14, 8am

Shiva Keshavan, an Olympic luger from India, wasn't sure whether he could afford to attend the 2014 Winter Olympics in Soc...

This chart chows the top countries where people watched this week's Bitcoin hearings

This chart chows the top countries where people...

businessinsider.com 31 Jan '14, 3pm

We spent a good chunk of this week covering hearings convened by the New York Department of Financial Services on the futu...

Coinbase and Mint Announce First Bitcoin Personal Finance Integration

Coinbase and Mint Announce First Bitcoin Person...

blog.coinbase.com 30 Jan '14, 4pm

Coinbase and Mint Announce First Bitcoin Personal Finance Integration Jan 30th, 2014 Today we’re excited to announce a new...

The 8 Identities of Bitcoin

The 8 Identities of Bitcoin

startupmanagement.org 01 Feb '14, 4pm

Every Internet user should do their best to understand Bitcoin , because Bitcoin and the Internet are about to get joined ...