Bitcoin to Operate as a “Bank” of Sorts in France While Helping Iranians Avoid US Sanctions: By JG Vibes theinte...

Bitcoin to Operate as a “Bank” of Sorts in France While Helping Iranians Avoid US Sanctions :

theintelhub.com 11 Dec '12, 10am

Bitcoin to Operate as a “Bank” of Sorts in France While Helping Iranians Avoid US Sanctions: By JG Vibes theinte...

“There seems to be some confusion about our recent announcement of a partnership with Aqoba allowing us to hold Euro balances legally. There has been an overwhelming response to this development, unfortunately some of the information quoted by journalists is factually incorrect. This shall serve as a clarification. In short, Paymium is neither a bank, nor a PSP. And it doesn’t need to be. Paymium, the company behind Bitcoin-Central has partnered with Aqoba, which is a registered PSP. The Crédit Mutuel Arkéa bank (not to be confused with the Crédit Mutuel bank) is the bank that Aqoba is associated with to provide the financial infrastructure a PSP needs. This allows Aqoba to keep funds on behalf of third-parties in payment accounts (“comptes de paiement”) which are different from bank accounts (“comptes de dépôt”). The difference between these is that funds deposited on a p...

Full article: http://theintelhub.com/2012/12/11/bitcoin-to-operate-as-a...

Tweets

@OpEmpowerHumans » 12 Dec '12, 10pm
In Iran the central bank’s currency has been plummeting as a result of US sanctions, and people have now... [link]
» 12 Dec '12, 5pm
RT @tatianycoeuvre: Bitcoin 2 Operate as a Bank of Sorts in France While Helping Iranians Avoid US Sanctions: [link] Move over Fed, new currency!
@tatianycoeuvre » 12 Dec '12, 5pm
Bitcoin 2 Operate as a Bank of Sorts in France While Helping Iranians Avoid US Sanctions: [link] Move over Fed, new currency!
@tgsmith » 12 Dec '12, 5am
RT @IntelHub: Bitcoin to Operate as a “Bank” of Sorts in France While Helping Iranians Avoid US Sanctions: [link]
@USWGO » 12 Dec '12, 4am
Bitcoin to Operate as a “Bank” of Sorts in France While Helping Iranians Avoid US Sanctions In Iran the central... [link]
@BitcoinByte » 12 Dec '12, 3am
RT @MADinMelbourne: 'agorism' a strategy of noncompliance using counter economics keeping power in the hands of average people #bitcoin [link]
@MADinMelbourne » 12 Dec '12, 1am
'agorism' a strategy of noncompliance using counter economics keeping power in the hands of average people #bitcoin [link]
@MADinMelbourne » 12 Dec '12, 1am
Iranians are learning to trade with #bitcoin [link]
@MADinMelbourne » 12 Dec '12, 1am
#bitcoin is not subject to hyperinflation, it's not entangled with the global financial system.. it has its own policy [link]
@SakuraTakehashi » 11 Dec '12, 9pm
[link] Bitcon to operate as a "bank" of sorts in France while helping Iranians avoid US sanctions
@stopnuclear » 11 Dec '12, 11am
Bitcoin to Operate as a “Bank” of Sorts in France While Helping Iranians Avoid US Sanctions [link] #news
@Sir_Max » 11 Dec '12, 10am
Bitcoin to Operate as a “Bank” of Sorts in France While Helping Iranians Avoid US Sanctions [link] #ventura
@ISCOSEU » 11 Dec '12, 10am
Bitcoin to Operate as a “Bank” of Sorts in France While Helping Iranians Avoid US Sanctions: By JG Vibes theinte... [link]
@TruthSupport » 11 Dec '12, 10am
Bitcoin to Operate as a “Bank” of Sorts in France While Helping Iranians Avoid US Sanctions [link]
@TheIntelForum » 11 Dec '12, 10am
Bitcoin to Operate as a “Bank” of Sorts in France While Helping Iranians Avoid US Sanctions: By JG Vibes theinte... [link]
@ItsTheGovt » 11 Dec '12, 10am
Bitcoin to Operate as a “Bank” of Sorts in France While Helping Iranians Avoid US Sanctions: By JG Vibes theinte... [link]
@INF0S7R34M » 11 Dec '12, 10am
Bitcoin to Operate as a “Bank” of Sorts in France While Helping Iranians Avoid US Sanctions: By JG Vibes theinte... [link]
@RassRadio » 11 Dec '12, 10am
Bitcoin to Operate as a “Bank” of Sorts in France While Helping Iranians Avoid US Sanctions: By JG Vibes theinte... [link]
@azureblade7 » 11 Dec '12, 10am
Bitcoin to Operate as a “Bank” of Sorts in France While Helping Iranians Avoid US Sanctions [link]