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Ideals Clash as States Consider New Bitcoin Regulations
Between the proposed virtual currency regulations in New York and those already established in Texas, the future of Bitcoin would be brighter if more states follow the Lone Star State's example, says Jacob Farber, senior counsel for Perkins Coie LLP.
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Zuman, a cloud-based human resource outsourcer, has partnered with BitPay to allow its business clients to pay their employees in bitcoin. more »
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Investors have never been shy about treating Bitcoin as an investment rather than a spendable currency, but the companies that operate in the digital currency space have had a harder time attracting capital. more »
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Supporters of Bitcoin and other digital currencies have created a trade association called the Chamber of Digital Commerce to make their voices heard in Washington. more »
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Dell Inc. will accept bitcoins for computers, seeking to expand its payment options, Chief Executive Officer Michael Dell said in a tweet. more »
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Benjamin Lawsky, superintendent of the New York Department of Financial Services
The New York Department of Financial Services has released proposed framework for its much-anticipated BitLicense. Though the agency describes its proposal as a balanced approach that does not stifle innovation, its rules might be considered too strict for many companies. more »
ZipZap CEO Alan Safahi
As banks cut cross-border transfer services to emerging markets because of perceived risk, the market for remittance services opens up for digital payments startups. more »
Bitcoin Foundation's Jim Harper
Jim Harper, global policy counsel at the Bitcoin Foundation, wants the trade group's new lobbying firm, Thorsen French Advocacy to model their government relations work to his efforts in introducing Capitol Hill to PayPal in the early 2000s. more »
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Alternative payments provider ZipZap has added new Central and South America nations to its cash-to-Bitcoin network. more »
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Overstock.com plans to offer faster payouts to vendors and larger bonuses to employees to encourage bitcoin payments. more »
A Lamassu Bitcoin ATM
In the banking world, branches came first and ATMs came later to streamline the experience. But in the Bitcoin world, ATMs came first with limited features, and the ATM makers are working hard to add the sort of services that one might find in a mainstream bank branch. more »
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Throughout Europe and Asia in particular, ATMs are being used to distribute an increasingly wide array of financial and non-financial products and services. This is in sharp contrast to the U.S., where most advanced ATMs offer the same set of banking-related features. more »
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Newegg's recent acceptance of Bitcoin is just the latest of the online electronics retailer's many digital payment options. Its tech-savvy audience demands digital currency and digital wallets, and accommodating these needs is critical to Newegg's expansion into new markets. more »

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