Bitcoin promoter to plead guilty to unlicensed money transmission
Bitcoin entrepreneur Charlie Shrem has reached a plea deal to resolve U.S. charges that he engaged in a scheme to sell over $1 million of the digital currency to users of illicit online marketplace Silk Road, his lawyer said Friday.
Aug 30, 2014, 09:11 AM IST
Bitcoin shows staying power as online merchants chase digital sparkle
Bitcoin is catching on at US online merchants including Overstock.com and Expedia, as customers use a digital currency that just a few years ago was virtually unknown but is now showing some staying power.
Aug 28, 2014, 13:41 PM IST
US watchdog calls bitcoin ''Wild West'' of finance
Virtual currencies such as bitcoin are the "Wild West" of financial products because of risks including huge swings in exchange rates, the U.S. Consumer Financial Protection Bureau said on Monday.
Aug 12, 2014, 00:34 AM IST
Bitcoin catches on in tech-savvy Romania
In a well-lit office with red window frames in downtown Bucharest, Romania`s first bitcoin ATM attracts many who until it opened in May had to buy or sell the digital currency face-to-face or through wire transfers.
Jul 28, 2014, 20:47 PM IST
Ramp up role in Bitcoin, US consumer agency told
The US Consumer Financial Protection Bureau should play a bigger role in shielding people against risks from virtual currencies such as Bitcoin, a government watchdog said on Friday.
Jun 28, 2014, 09:26 AM IST
Failed bitcoin exchange Mt Gox gets US bankruptcy protection
The company filed for Chapter 15 bankruptcy protection in March.
Jun 18, 2014, 09:51 AM IST
Canada gold mine on sale for $2 mn in bitcoin
Gold, the hard asset long seen as the ultimate hedge against risk, has fallen so much out of favor in recent years that the owner of a mine in Canada`s historic Yukon gold belt wants to sell the property for$2 mn in bitcoin, a virtual currency.
Jun 13, 2014, 09:27 AM IST
