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  • Santander commissions study on bitcoin's impact on banks #fintech

    Finextra: Santander commissions study on bitcoin's impact on banks

    finextra.com 26 Aug '14, 10am

    Santander has given a $5000 budget to Yegii - a self-described "insight network" set up by Trond Undheim, a senior lecturer at MIT Sloan School of Management - to write the report. In turn, Yegii is asking people to put themselves forward as members of its "dream team" comprised of a ...

  • French to boost bitcoin transparency; Finns to broadcast bitcoin data through TV network

    Finextra: French to boost bitcoin transparency; Finns to broadcast bitcoin data through TV network

    finextra.com 14 Jul '14, 9am

    The new regulation, set out by the country's finance ministry in response to a report by its Tracfin money laundering unit, will come into effect at the end of the year. The ministry has also changed its tax rules, following in the footsteps of the UK and US by making profits on bitco...

  • Finextra: Canada brings in bitcoin regulations

    finextra.com 24 Jun '14, 9am

    The new law means that firms dealing in virtual currencies will be classified as 'money services businesses' and therefore subject to record keeping, verification procedures, suspicious transaction reporting and registration requirements. Bitcoin dealers will be required to register w...

  • Finextra: Intuit to process bitcoin payments with QuickBooks Online

    finextra.com 26 Jun '14, 11pm

    Intuit's new PayByCoin service is made possible via an integration between QuickBooks Online and bitcoin wallet outfit Coinbase. To use the service, small business operators must register with Coinbase and link their wallets to their existing QuickBooks Online account. When a customer...

  • Finextra: European banks told to avoid bitcoin

    finextra.com 04 Jul '14, 12pm

    European banks told to avoid bitcoin 2 hours ago | 1286 views | 0 Europe's financial institutions should steer clear of virtual currencies such as bitcoin until a regulatory regime is in place, the European Banking Authority (EBA) has warned. In an opinion document for the EU Council,...

  • Finextra: Wells Fargo and JPMorgan take contrasting stance on bitcoin

    finextra.com 24 Jan '14, 12pm

    Wells Fargo and JPMorgan take contrasting stance on bitcoin 22 hours ago | 1997 views | 1 Wells Fargo and JPMorgan have highlighted the contrasting views in US banking circles over the future viability of bitcoin, with the former willing to engage and the latter airily dismissing the ...

  • Chinese can now buy real estate with Bitcoin

    Chinese can now buy real estate with Bitcoin

    finextra.com 08 Nov '13, 6am

    Bitcoin acceptance in China has now extended into real estate with a residential developer in Zhangjiang Hi-Tech park in Shanghai finding a new way to promote sales through the acceptance of Bitcoin virtual currency. Shanda Group, one of the large IT giants in China, through its real ...

  • US judge rules bitcoin is real money

    finextra.com 08 Aug '13, 9am

    Last month the Securities and Exchange Commission charged Trendon Shavers with running a bitcoin Ponzi scheme through his Bitcoin Savings and Trust (BTCST), which raked in 700,000 bitcoins, worth $4.5 million, from unwary investors. Shavers argued that the case should be ditched becau...

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