Bitcoin exchange wins right to operate as a bank

Bitcoin exchange wins right to operate as a bank (Wired UK)

wired.co.uk 08 Dec '12, 7am

Bitcoin exchange wins right to operate as a bank

A website that swaps real-world currencies for decentralised virtual bitcoins has been granted the status of a bank. Bitcoin-Central made a deal with French financial companies Aqoba and Credit Mutuel to grant it the status of a "payment services provider". This makes it easier for its customers to use bitcoins, and gives the exchange a series of protections. The website will now be able to issue debit cards and carry out real-time transfers to and from other banks. Bitcoin is a peer-to-peer currency that first emerged around 2009 and began to gain popularity in 2011. Its distributed, decentralised structure is designed to be both resilient and reliable, and its supply completely predictable. At the time of writing, a bitcoin is worth around £8. Customers of the exchange will now be able to transact with their bitcoin accounts like a regular bank account, and will also be ...

Full article: http://www.wired.co.uk/news/archive/2012-12/08/bitcoin-bank

Tweets

@rbonifaz » 03 Jan '13, 1pm
♻ @NOH8ER: Bitcoin exchange wins right to operate as a bank { [link] }
@MorrayeM » 03 Jan '13, 9am
RT @PlRATES: Bitcoin exchange wins right to operate as a bank { [link] }
@krneticz » 19 Dec '12, 5pm
RT @dptwitty: WOAH! #Bitcoin now a bank. Huge. If you aren't familiar with Bitcoin, you should be. Replacement of monetary system. [link]
@g_tour » 14 Dec '12, 1pm
[link] Bitcoin exchange wins right to operate as a bank. Aqoba Credit Mutuel #fb
@dptwitty » 12 Dec '12, 8pm
WOAH! #Bitcoin now a bank. Huge. If you aren't familiar with Bitcoin, you should be. Replacement of monetary system. [link]
@annaroseyoung » 11 Dec '12, 4pm
Story: Bitcoin exchange wins right to operate as a bank [link]
@n1kflow » 11 Dec '12, 1pm
RT @NTT_Europe: #Bitcoin, a website that swaps real-world currencies for decentralized virtual money gets grant for bank status [link]
@NTT_Europe » 11 Dec '12, 9am
#Bitcoin, a website that swaps real-world currencies for decentralized virtual money gets grant for bank status [link]
@TechforX » 10 Dec '12, 8pm
Wow - what will THIS do to the markets? I'm buying canned goods!! "Bitcoin exchange wins right to operate as a bank" [link]
@DeltaChannels » 10 Dec '12, 5pm
The virtual currency website Bitcoin Exchange wins the right to operate as a bank [link]
@paul_langford » 10 Dec '12, 2pm
Further discussion from U3 #fin07102 re alternate currencies as Bitcoin exchange gains approcal to become a "real" bank [link]
@ForumFinance_ » 10 Dec '12, 1pm
RT @IlanaTaub: Move over old banks! Here comes #bitcoin exchange as it wins right to operate as abank [link]
@paisleyrae » 10 Dec '12, 1pm
Will it be a gamechanger? RT @zaibatsu: Bitcoin exchange wins right to operate as a bank [link]
@eubiz » 10 Dec '12, 1pm
RT @zaibatsu: Bitcoin exchange wins right to operate as a bank [link]
@rodrigotbatista » 10 Dec '12, 12pm
Vai que vai Bitcoin!!! Bitcoin exchange wins right to operate as a bank (Wired UK) [link]
@TheFinanceLab » 10 Dec '12, 12pm
RT @IlanaTaub: Move over old banks! Here comes #bitcoin exchange as it wins right 2 operate as a #bank [link]
@IlanaTaub » 10 Dec '12, 11am
Move over old banks! Here comes #bitcoin exchange as it wins right 2 operate as a #bank [link]
@gabhubert » 10 Dec '12, 11am
Bitcoin is a PSP [link]
@HannahVera_ » 10 Dec '12, 8am
Great News! @pr1001 @koos @setok did you read this? RT @whurley: Bitcoin exchange wins right to operate as a bank: [link]
@yetanotherben » 10 Dec '12, 7am
Mental: Bitcoin exchange wins right to operate as a bank [link]
@suffert » 10 Dec '12, 1am
RT @rodrigoantao: Bitcoin exchange wins right to operate as a bank: [link]
@wesselkooyman » 09 Dec '12, 9pm
So cool.. Bitcoin exchange wins right to operate as a bank [link]
@BadKidPodcast » 09 Dec '12, 8pm
RT @AnEnderman: @ONLYUSEmeBLADE @KEEMSTARx @ScottKinmartin [link]
@AnEnderman » 09 Dec '12, 8pm
@ONLYUSEmeBLADE @KEEMSTARx @ScottKinmartin [link]
@jcdsopi » 09 Dec '12, 6pm
[link] A website that swaps real-world currencies for decentralised virtual bitcoins has been granted banking status
@WordAppeal » 09 Dec '12, 6pm
“@babgi: Grace à Bitcoin et au Crédit Mutuel, la suprématie du dollar est maintenant menacée ;-) [link]” #yam pour Max
@babgi » 09 Dec '12, 6pm
Grace à Bitcoin et au Crédit Mutuel, la suprématie du dollar est maintenant menacée ;-) [link]
@newhellfire » 09 Dec '12, 6pm
RT @tanaou: Interesting news for fellow users of BTC // Bitcoin exchange wins the right to operate as a bank - [link]
@tanaou » 09 Dec '12, 6pm
Interesting news for fellow users of BTC // Bitcoin exchange wins the right to operate as a bank - [link]
@torilife » 09 Dec '12, 6pm
RT @Bak3dAn0n: Bitcoin exchange wins right to operate as a bank [link]
@whurley » 09 Dec '12, 5pm
RT @RobWoodbridge: The term “bank” is being redefined. RT @whurley: Bitcoin exchange wins right to operate as a bank: [link]
@RobWoodbridge » 09 Dec '12, 5pm
The term “bank” is being redefined. RT @whurley: Bitcoin exchange wins right to operate as a bank: [link]
@deanfilip » 09 Dec '12, 4pm
Shape- of- things- to- come: Bitcoin exchange wins right to operate as a bank (Wired UK) [link]
@spyros_dovas » 09 Dec '12, 4pm
RT @psaranto: Ψυχορραγεί ο καπιταλισμός σύντροφοι RT @WiredUK Bitcoin exchange wins right to operate as a bank: [link]
@psaranto » 09 Dec '12, 3pm
Ψυχορραγεί ο καπιταλισμός σύντροφοι RT @WiredUK Bitcoin exchange wins right to operate as a bank: [link]
@AnonymusFugate » 09 Dec '12, 3pm
[link] w00t
@WiredUK » 09 Dec '12, 12pm
Bitcoin exchange wins right to operate as a bank: [link] by @duncangeere
@V_Kershaw » 09 Dec '12, 11am
RT @LeidermanDevine: Bitcoin exchange wins right to operate as a bank [link]
@BitcoinByte » 09 Dec '12, 9am
RT @JuliusCaesar69: Bitcoin exchange wins right to operate as a bank (Wired UK): [link] via @AllBTC
@JuliusCaesar69 » 09 Dec '12, 9am
Bitcoin exchange wins right to operate as a bank (Wired UK): [link] via @AllBTC
@stanrelihan » 09 Dec '12, 6am
Bitcoin exchange wins right to operate as a bank #revolutionary [link]
@BitcoinRate » 09 Dec '12, 6am
Bitcoin exchange wins right to operate as a bank (Wired UK): A website that swaps real-world currencies for dece... [link]
@LeerPorFavor » 09 Dec '12, 2am
RT @camilovalenciag: Bitcoin exchange wins right to operate as a bank (Wired UK) [link]
@CloudMinder » 09 Dec '12, 1am
RT @paulrajd: Bitcoin exchange wins right to operate as a bank [link]
@misslake » 09 Dec '12, 12am
RT @irini_mirena: Bitcoin exchange wins right to operate as a bank (Wired UK) [link]
@manuelschaeffer » 08 Dec '12, 11pm
Money laundering - anyone? Bitcoin exchange wins right to operate as a bank... [link]
@DoddsyLTD » 08 Dec '12, 10pm
Hell yeah! Wired News: Bitcoin exchange wins right to operate as a bank [link]
@Bitcoin_Central » 08 Dec '12, 8pm
RT @davoutplantaire: et hop, au tour de Wired UK, LNB [link]
@davoutplantaire » 08 Dec '12, 7pm
et hop, au tour de Wired UK, LNB [link]
@adambraffman » 08 Dec '12, 7pm
Bitcoins join global bank network via @bitcoininfo [link] #bitcoins