Blockchain & Crypto Archives - Page 297 of 298

It’s Official: Bitcoin “Illegal” in Russia

February 10, 2014

Last Thursday, Russian authorities got right to the point when they clearly and explicitly prohibited use of Bitcoin and other virtual currencies. The statement was not too dissimilar from its earlier announ...

Is Russia Investigating Bitcoin Companies Such as BTC-e Or Not?

February 4, 2014

Yesterday, on the Volgograd Prefecture’s website, an announcement was made that they had filed a criminal investigation against leading bitcoin exchange BTC-e as well as Metabank. The two firms were being ci...

Russian Authorities File Criminal Case Against BTC-e and Metabank

February 3, 2014

(Update: Volgograd authorities retract announcement of criminal filing) Last week the Central Bank of Russia (CBR) issued a consumer warning against virtual currencies as well as deemed firms engaged in bein...

FXOpen Launching Bitcoin, Litecoin and Namecoin Liquidity for Brokers with BTC-e

February 3, 2014

Here on FortuneZ, we’ve reported about the g to launch bitcoin trading. For 2014, we expected to see a wider selection of digital currency products being launched as well as additional brokers beginning to of...

Just in Time for Super Bowl Sunday, Coinbet Brings ‘Legal’ Online US Betting

January 29, 2014

The Super Bowl is just around the corner, and with it comes one of the most active days for US gamblers. Last year’s Super Bowl that featured the Baltimore Ravens beating the San Francisco 49ers and the firs...

Russia’s Central Bank Bans and Warns About Digital Currencies

January 28, 2014

Using harsh language, the Central Bank of Russia (CBR) has issued a statement on virtual currencies as well as specifically mentioning bitcoins. According to the CBR, the issue of virtual currencies is illeg...

Silk Road Scheme Leads To Bitcoin Arrests In US

January 28, 2014

The operators of two Bitcoin exchanges have been arrested in the US following allegations surrounding their involvement in a scheme to sell the virtual currency to users of online drug marketplace Silk Road. ...

Litecoin Joins Charitable Cause Club to Help Villagers in Madagascar

January 27, 2014

Following Dogecoin’s successful pitch to send the Jamaican bobsled team to the Olympics in Sochi, and gaining valuable publicity in the process, the Litecoin community did some fundraising of its own, targeti...

Dogecoin Sending Jamaican Bobsled Team to the Olympics

January 21, 2014

It started as an idea on Reddit earlier this week “Fellow Shibes… We need more publicity! Lets sponsor the Jamaican Bobsled team make it to the Olympics. Think of the positive press!!!! Such Rythm! Such Rhym...

HMRC To Review Bitcoin Taxation Rate

January 21, 2014

The UK’s HM Revenue and Customs (HMRC) is considering alternatives to the current 20% value added tax rate on purchases of Bitcoins due to fears that the virtual currency could be used for tax evasion and mon...