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Posts Tagged ‘The virtual currency Bitcoin’

The Czech Republic launched its answer to Bitcoin on Tuesday when new virtual currency CzechCrownCoin started trading. Early this afternoon we put a first test run of 100,000 coins on the market, CZC project head Ladislav Faith told AFP. Virtual currencies have becoming increasingly popular in recent years since the most famous example, Bitcoin, was […]

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ALBANY, N.Y. (AP) — New York regulators have proposed establishing a framework for commerce in virtual currency that would apply to firms involved in receiving, transmitting and storing it, as well as retail conversions.

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French police have dismantled an illegal Bitcoin exchange and seized 388 virtual currency units worth some 200,000 euros ($272,800) in the first such operation in Europe, a public prosecutor said on Monday. Two people in the Riviera coastal cities of Cannes and Nice were placed under formal investigation on Friday and detained on suspicion that […]

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