Aug 132014
 
Hands off Bitcoin: Model Legislation

The New York Department of Financial Services (NYDFS) last month rolled out a proposal to regulate “virtual currency businesses” worldwide if the company had at least one customer within the Empire State. In response, the Intergalactic Bit License was created, with Davi Barker stating, “we can laminate stuff, too.” Also in response to this proposal came model legislation – I know, not something you’re used to seeing on BNB. Though drafted specifically to be introduced in the […]

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 […]

May 292014
 
Bitcoin in the Beltway Conference to Make Waves in Washington D.C.

May 2014 Contact: M.K. Lords Email: mksilent.h@gmail.com Website: bitcoinnotbombs.com FOR IMMEDIATE RELEASE Bitcoin in the Beltway Conference to Make Waves in Washington D.C. (Washington, D.C.) This year has seen a rise in the amount of Bitcoin conferences, but one in particular is priding itself on featuring the most radical movers and shakers in the Bitcoin community while also putting charity center stage. Boasting such rebels as Defense Distributed’s Cody Wilson, Overstock CEO Patrick Byrne, Antiwar.com’s […]

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 […]