A Guide to Bitcoin’s Legality In Different Countries Around the World

A Guide to Bitcoin's Legality In Different Countries Around the World

Americans are spoiled—at least where Bitcoin’s concerned, we are. While people are free to mine, spend, and speculate on Bitcoin freely here in the States, citizens of other countries aren’t so lucky.

Read more…


    



Mint finance app now interfaces with Coinbase, shows your bitcoin wealth

If you are big into virtual currency and have such vast virtual holdings that you need to be able to put the bitcoin wealth in with your real world money, … Continue reading

Bitcoin Exchange Arrests By The US

bitinstantOperators of a couple of exchanges for the virtual currency Bitcoin have been arrested over in the US. According to the Department of Justice, Robert Faiella, also known as BTCKing, as well as Charlie Shrem from BitInstant.com (the website is now defunct), are now facing charges of money laundering. According to the authorities, the two of them are part of a scheme which attempted to sell over $1 million in Bitcoins to users of Silk Road, which happens to be an online drug marketplace. The site itself was already shut down last year with its alleged owner arrested to boot.

(more…)

  • Follow: General, ,
  • Bitcoin Exchange Arrests By The US original content from Ubergizmo.

        



    Bitcoin exchange CEO arrested for Silk Road money laundering

    The CEO of a prominent Bitcoin exchange has been arrested in the US over allegations that he laundered over $1m-worth of the virtual currency through the notorious Silk Road black … Continue reading

    Bitcoin Exchange CEO Arrested for Money Laundering

    Bitcoin Exchange CEO Arrested for Money Laundering

    The Justice Department has formally charged the CEO of Bitcoin exchange Bitinstant.com with running an illegal wire service, and according to reports by the New York Post’s Kaja Whitehouse, he’s just been arrested at JFK. Uh oh.

    Read more…


        



    Bitcoin Now Accepted at TigerDirect

    TigerDirect has been teasing for a while that Bitcoin payments would be turning up. That day has come with the retailer announcing this week that it is now accepting Bitcoin as payment for any of the items it sells.

    td bc 620x337magnify

    TigerDirect sells a wide variety of computer hardware, displays and gadgets among other things. The payment processor for TigerDirect is BitPay and Tiger is now the largest customer for BitPay. TigerDirect is only accepting Bitcoin online, retail stores aren’t accepting the virtual currency at this point.

    TigerDirect also has a bunch of hardware that you can purchase aimed specifically at Bitcoin mining. That opens the possibility of being able to pay for items with the Bitcoins mined using hardware you bought with Bitcoin.

    [via CoinDesk]

    TigerDirect now accepts bitcoin

    There has been a lot of action in the Bitcoin realm recently. Two Las Vegas hotels recently announced that they were accepting payments for food and lodging using bitcoin. Major … Continue reading

    Virgin Galactic Doesn’t Have FAA Permission to Fly You to Space

    Virgin Galactic Doesn't Have FAA Permission to Fly You to Space

    If you’re one of the 700 or so people who bought tickets to fly to outer space on Richard Branson’s Virgin Galactic rockets, don’t pack your space bags just yet: Smithsonian notes that the company doesn’t have the Federal Aviation Administration permit required to take passengers to space. Hope you folks got traveler’s insurance. Or kept your Bitcoin receipts. [Smithsonian]

    Read more…


        



    Bitcoin to be accepted for food and lodging in two Las Vegas hotels

    Bitcoin has been making waves across the world, and now the cryptocurrency craze has reached the good city of Las Vegas. Starting Wednesday, two hotels in Las Vegas, including the … Continue reading

    US federal attorneys seize more Bitcoins from Silk Road servers

    Silk Road was a black market website that was shut down by federal authorities late last year. Back in October, we reported that the mastermind behind Silk Road had been … Continue reading