Jun 112014
 
Politicians Begin to Accept and (Attempt to) Regulate Bitcoin

The FEC recently issued an opinion that opened the door for candidates and committees to begin accepting bitcoin. An article by CoinDesk.com highlights a few of the candidates who have begun accepting the alternative currency. One such candidate is Steve Stockman, who last month introduced legislation to overturn the IRS decision that bitcoin is property. Stockman’s bill, the “Virtual Currency Tax Reform Act,” would define “Virtual currency” as “a digital representation of value that functions […]

Apr 022014
 
US Bitcoin Exchanges are Poised for a Breakthrough

When bitcoin first jumped on the scene a couple of years ago, exchanges tended to avoid the US due mainly to regulatory uncertainty. Even with the fall of MtGox (Japan), the biggest volume is still done outside the US by exchanges like Bitstamp (Slovenia), BTC-E (Bulgaria),  BTC China, and Bitfinex (Hong Kong). However, with regulation in the states starting to become more and more lucid, we’re beginning to see some players emerge. I’m going to […]