The founder of a prominent Bitcoin exchange company has been arrested and charged with running an illegal scheme to sell the digital currency to customers trafficking narcotics on the now-defunct drug website Silk Road, prosecutors said Monday.
Recent developments associated with Bitcoin, its silver-like sister Litecoin, and other crypto-currencies forced many merchants to start thinking seriously about accepting these digital alternatives to cash and plastic cards. In fact, some businesses
As public interest in Bitcoin rises, it can sometimes be hard to figure out exactly what local laws apply. Even in the United States, the regulatory structures around Bitcoin are still a matter of debate. But a recently launched Web site, BitLegal
The hearing, called by New York State's top financial regulator, Benjamin M. Lawsky, gave five Bitcoin advocates the chance to discuss what they view as the advantages of Bitcoin over current systems of moving money around the world. “Solutions don't
SEB AB (SEBA), the largest Nordic foreign currency trader, is rejecting requests from clients seeking to set up accounts to manage Bitcoin amid concern the software could be used to aid crime. The Stockholm-based bank has for now decided not to touch
A Swipe at Traditional Banking at a Forum Illuminating Bitcoin
