27 Dec '15, 5pm

Bitcoin is touted as biggest innovation in a century, but the CBK seems clueless

On December 15, the Central Bank of Kenya issued a caution on bitcoin, which it termed as a virtual currency. Virtual currency is a broad term encompassing reward schemes such as Safaricom’s bonga points, frequent flyer points, and supermarket’s loyalty points. According to the European Central Bank, bitcoins are “digital representations of value not issued by government that can be used for payments”. Bitcoin has a unique design that confounds regulators and monetary authorities attempting to pigeonhole it. It is by no means legal tender in Kenya, or anywhere else, for that matter. Consequently, its legal status varies substantially from country to country. The US tax authority, IRS, classifies it as an asset with tax payable on capital gains. Across the European Union, bitcoin is accepted as a means of payment after a court in October exempted it from VAT, just like regu...

Full article: http://www.nation.co.ke/oped/Opinion/Bitcoin-is-touted-as...

Tweets

Daily Bitcoin Price Analysis: Bitcoin Falls And Rises Again

Daily Bitcoin Price Analysis: Bitcoin Falls And...

cointelegraph.com 28 Dec '15, 2pm

This week is the last of the year. As we warned, the market players began to take profits, and the Bitcoin price dropped r...

Visa #europe: the #blockchain is 'no longer a c...

coindesk.com 28 Dec '15, 7pm

Visa Europe highlighted the significance of bitcoin and the blockchain as part of a retrospective on the past year in paym...

Estelle the cat wishes you a happy holiday season. Please join her in supporting us:

Estelle the cat wishes you a happy holiday seas...

aamds.org 30 Dec '15, 4pm

We encourage all contributions, where appropriate, to be made with a personal dedication to celebrate or remember a loved ...

Anarchists love 2015's best performing asset

Anarchists love 2015's best performing asset

cnbc.com 29 Dec '15, 9pm

Gold is down nearly 10 percent, major U.S. stock indexes are roughly flat and energy commodities have nearly all fallen mo...

Проверенный источник Bitcoin https://t.co/L9krI...

bit2visitor.com 30 Dec '15, 9pm

What is Bitcoin? BitCoin The Digital Currency Of The Future Embrace the new e-currency, free of any government and bank li...

Earn Bitcoin And Dogecoin Free Website:

Earn Bitcoin And Dogecoin Free Website:

:The Highest Paying, Top 10 BitcoinFaucets– All on one page to make it 10x quicker for you to claim… so you can earn 10x a...

Brain Drugs, Kickstarter Scams & Bitcoin Battle...

observer.com 23 Dec '15, 6pm

With the latter in mind, the Observer put together a list of some of our biggest tech and innovation stories of 2015. We a...

Automotive Industry Pushing Boundaries of Innov...

pddnet.com 26 Dec '15, 3pm

It’s been quite some time, since automotive manufacturers have started using 3D printing to produce vehicle prototypes. Th...

2016 Could Be Bitcoin's Best Year Yet

2016 Could Be Bitcoin's Best Year Yet

coindesk.com 28 Dec '15, 3pm

Tuur Demeester is an independent investor, newsletter writer and editor in chief at Adamant Research. He has a background ...

#BrainDrugs, Kickstarter Scams & Bitcoin Battles: Our Biggest Tech Stories of 2015

#BrainDrugs, Kickstarter Scams & Bitcoin Battle...

soma.today 24 Dec '15, 5pm

In the Observer’s deep dive, our reporter interviewed users and medical professionals about the drug’s effectiveness. Etha...