Bitcoin

News - Virtual cash exchange becomes bank

bbc.co.uk 07 Dec '12, 5pm

Bitcoin

7 December 2012 Last updated at 17:07 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print Virtual cash exchange becomes bank The deal means more protection for cash created by bitcoin dealing Continue reading the main story Related Stories Newzbin2 piracy site shuts down Rewards halve for digital miners Digital currency: Brave new world or criminal haven? A currency exchange that specialises in virtual cash has won the right to operate as a bank. Bitcoin-Central got the go-ahead thanks to a deal with French financial firms Aqoba and Credit Mutuel. The exchange is one of many that swaps bitcoins, computer generated cash, for real world currencies. The change in status makes it easier to use bitcoins and bestows national protections on balances held at the exchange. Federal protection Bitcoins, and the global network of computers that supports ...

Full article: http://www.bbc.co.uk/news/technology-20641465

Tweets

@police20 » 27 Dec '12, 8pm
RT @OOI_Sinned: Bitcoin word steeds populairder, dus ook als betaalmiddel voor oplichters & fraude. [link] @police20 #opgeletopinternet
@OOI_Sinned » 27 Dec '12, 8pm
Bitcoin word steeds populairder, dus ook als betaalmiddel voor oplichters & fraude. [link] @police20 #opgeletopinternet
@greentak » 14 Dec '12, 1pm
RT @Frankmacc: Internet milestone - Bitcoin gets bank status [link]
@susanacabada » 13 Dec '12, 11am
RT @LuisLepe: La moneda virtual "Bitcoin" obtiene licencia para operar como proveedor de servicios de pago (PSP) en Francia. BBC News [link]
@LuisLepe » 13 Dec '12, 7am
La moneda virtual "Bitcoin" obtiene licencia para operar como proveedor de servicios de pago (PSP) en Francia. BBC News [link]
@lisa_alba » 12 Dec '12, 10pm
@jezagee i wouldnt buy lol! BITCOIN CENTRAL ✿ VIRTUAL CASH EXCHANGE BECOMES A BANK [link]
@JordanPoulton » 12 Dec '12, 8am
Is this the future of money? Bitcoin gets banking license - [link]
@JasonLeeH » 12 Dec '12, 12am
Bitcoin-Central becomes legal bank under European law: [link] #bitcoin
@R34lB0rg » 11 Dec '12, 1pm
Yeah, BBC berichtet über die erste lizenzierte #Bitcoin-Bank [link] https://t.co/g9zkjr1L
@forex1288 » 11 Dec '12, 1pm
RT @ToddingtonInt: Legitimizing bitcoins, the virtual currency - "Virtual cash exchange [Bitcoin Central] becomes bank" [link]
@ToddingtonInt » 11 Dec '12, 1pm
Legitimizing bitcoins, the virtual currency - "Virtual cash exchange [Bitcoin Central] becomes bank" [link]
@oADAMo » 10 Dec '12, 11pm
RT @Liberationtech: #Bitcoin cash exchange becomes an online bank [link]
@OptimizePrime » 10 Dec '12, 10pm
Bitcoin says in a high pitched voice "I'm a real bank!" [Virtual cash exchange becomes bank] [link]
@juniorminingpro » 10 Dec '12, 8pm
Bitcoin gains momentum as virtual cash exchange becomes bank [link] #bitcoin
@lisa_alba » 10 Dec '12, 7pm
WOW ! ! there goes indie ! BITCOIN CENTRAL ✿ VIRTUAL CASH EXCHANGE BECOMES A BANK [link]
@KJ6CCZ » 10 Dec '12, 7pm
Hey @BBCNews - thanks for stealing my story and not even citing the source. compare: [link] to [link] #Bitcoin
@biker1337 » 10 Dec '12, 5pm
#Bitcoin gets even more mainstream - Bitcoin Central now an accredited bank in Europe. [link]
@LibertyWatchr » 10 Dec '12, 4pm
A move in the right direction. RT @lfbenjamin Bitcoin has won the right to operate as a bank. This is a huge landmark. [link]
@idoru23 » 10 Dec '12, 3pm
RT @sn0wcr4sh: bitcoin exchange becomes an official bank [link]
@HostFat » 10 Dec '12, 3pm
@Webank_Valeria fornire anche voi il supporto per la moneta #bitcoin ? [link]
@UnoCoin » 10 Dec '12, 1pm
RT @tfc92zx: Bitcoin news: A currency exchange that specialises in virtual cash has won the right to operate as a bank. [link]
@C7RKY » 10 Dec '12, 1pm
RT @Openyoureyes616: "@Ognir2: BBC News - Virtual cash exchange becomes bank [link] #Bitcoin" More fake money being made. Wake up
@Openyoureyes616 » 10 Dec '12, 1pm
"@Ognir2: BBC News - Virtual cash exchange becomes bank [link] #Bitcoin" More fake money being made. Wake up
@lcheylus » 10 Dec '12, 12pm
Bitcoin-Central virtual cash exchange becomes bank for #Bitcoin with help of Credit Mutuel (french bank) [link]
@GenuineLiberal » 10 Dec '12, 12pm
RT @LIVINGns: Bitcoin "granted" "limited permission" to operate in Europe: [link] #Bitcoin #FreeTheMarket #CompetingCurrencies #Tcot #Tlot
@LIVINGns » 10 Dec '12, 12pm
Bitcoin "granted" "limited permission" to operate in Europe: [link] #Bitcoin #FreeTheMarket #CompetingCurrencies #Tcot #Tlot
@msimonovich » 10 Dec '12, 11am
#Bitcoin-Central becomes first #bank of #bitcoin, issues #debit cards. [link]
@kaarmann » 10 Dec '12, 11am
Bitcoin is regulated in the EU. Significance of the precedent must not be underestimated. Bold or clueless? [link]
@aligoldsworthy » 10 Dec '12, 11am
RT @indy_johar: RT @lfbenjamin: Bitcoin has won the right to operate as a bank. This is a huge landmark. [link]
@Bratscal » 10 Dec '12, 10am
Bitcoin takes a massive step forward. [link]
@sosayssasha » 10 Dec '12, 9am
Bitcoin virtual cash exchange becomes a legit bank. The line between online and offline blurs further > [link]
@Robot_Anonymous » 10 Dec '12, 9am
RT @Wiredsec: #security Virtual cash exchange becomes bank: "Bitcoin-Central got the go-ahead thanks to a deal with French fin... [link]
@Bug2Hunt » 10 Dec '12, 8am
Virtual cash exchange becomes bank: "Bitcoin-Central got the go-ahead thanks to a deal with French financial fir... [link]
@Wiredsec » 10 Dec '12, 8am
#security Virtual cash exchange becomes bank: "Bitcoin-Central got the go-ahead thanks to a deal with French fin... [link]
@ncaproni » 10 Dec '12, 8am
RT @BSSI_Conseil: Virtual cash exchange becomes bank #bitcoin [link]
@mike_mcgrail » 10 Dec '12, 7am
RT @johnshewell: Wow! This is a very big deal MT “@lfbenjamin: Bitcoin has won right to operate as a bank. This is huge landmark. [link]”
@johnshewell » 10 Dec '12, 7am
Wow! This is a very big deal MT “@lfbenjamin: Bitcoin has won right to operate as a bank. This is huge landmark. [link]”
@Annemcx » 10 Dec '12, 7am
RT @lfbenjamin: Bitcoin has won the right to operate as a bank. This is a huge landmark. [link]
@lfbenjamin » 10 Dec '12, 7am
Bitcoin has won the right to operate as a bank. This is a huge landmark. [link]
@geekeconomist » 10 Dec '12, 7am
RT @aarcidia: [link] bitcoin revolution
@nodepay » 10 Dec '12, 6am
Bitcoin receives PSP licence [link]
@Dumpita » 10 Dec '12, 2am
RT @FutureCrimes: Crypto currency upgrade announced: Bitcoin can now operate as a bank. More criminals to turn to untraceable money. [link]
@kraft_mk » 10 Dec '12, 2am
Bitcoin has now reached bank status allowing interaction with other payment networks. Under INTL law. [link] .@GreatDismal
@FutureCrimes » 10 Dec '12, 2am
Crypto currency upgrade announced: Bitcoin can now operate as a bank. More criminals to turn to untraceable money. [link]
@daniel_bohrer » 10 Dec '12, 1am
OK, #Bitcoin ist ab jetzt Mainstream. [link]
@LauraElDavidson » 09 Dec '12, 11pm
RT @furtherfield: BBC News - Bitcoin-Central wins right to operate as a bank [link] via @Shareaholic
@furtherfield » 09 Dec '12, 10pm
BBC News - Bitcoin-Central wins right to operate as a bank [link] via @Shareaholic
@KensPewPew » 09 Dec '12, 9pm
"Under European laws, the deal means Bitcoin-Central becomes a Payment Services Provider (PSP) that has an Internation…[link]
@forex1288 » 09 Dec '12, 9pm
RT @alondonstation: Virtual cash exchange Bitcoin-Central becomes bank [link] #bitcoin #currency #fx #banking
@alondonstation » 09 Dec '12, 9pm
Virtual cash exchange Bitcoin-Central becomes bank [link] #bitcoin #currency #fx #banking