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Posts Tagged ‘The virtual currency Bitcoin’

Jamaicas cash-strapped bobsled team should be able to make it to the Olympics this year thanks to some unlikely donors. At the head of the pack is Reddits community of Dogecoin enthusiasts, who have collected over $30,000 worth of their virtual currency and are currently in the process of transferring it into liquid, stable cash that […]

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(Reuters) – Wells Fargo Co has called finance executives, virtual currency experts and U.S. government representatives to discuss rules of engagement with Bitcoin amid concern about the money laundering risk of the currency, the Financial Times reported. (http://link.reuters.com/jen95v) The fourth-largest U.S. bank by assets has shown interest in dealing with a potential new Bitcoin economy, […]

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Early prototypes of ATMs dispensing Bitcoin first appeared about a year ago: put dollars in, and the machine will transfer you the equivalent amount in virtual currency, minus a fee. We first heard stories of such an ATM in Cyprus, then we saw two first generation models at the Bitcoin 2013 convention in May. At Def […]

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