A Finland-based law firm, Nordic Law, made an announcement Thursday they would begin accepting bitcoin payments for legal services rendered. Specializing in business and law, the firm recognized their clients’ needs for leveraging alternative forms of payment. Also read: Remittance Startup Bitspark Drops Bitcoin Over Network Fees The company blog explains: “We have received several inquiries […]
Cryptocurrencies Expected to Cause “Massive Disruptions” – IMF Managing Director
The managing director of the International Monetary Fund (IMF), Christine Lagarde has again addressed the topic of bitcoin and cryptocurrency. At a recent IMF event, Lagarde told reporters that virtual currencies will comprise the catalyst for “massive disruptions” within the financial markets and fintech industries. Also Read: IMF Chief Lagarde Tells Central Bankers: “Not Wise to […]
Zenapay Latest PoS Bitcoin Solution to Enter Projected $50 Billion Cannabis Market
US cash-intensive cannabis businesses (420s) are looking for ways to meet customer demand while struggling under federal prohibition. Cryptocurrencies are increasing in popularity with 420s, and now Zenapay is entering the market with its own bitcoin solution. Also read: Indospace Allows Cannabis Merchants to Accept Bitcoin Effortlessly Cannabis Cash The US states comprising its contiguous west, […]
PR: Smartbillions Has Created the Most Transparent Lottery System in History
Confidence and trust in lottery agencies has been a hotly debated issue for quite some time. With widely known cases of fraud, such as the one in Pennsylvania (USA), in which the host of a lottery with a prize of $3.5 million (one of the largest at the time) replaced all lottery balls, except those with the numbers 4 and 6, with heavier ones. Working with the assumption that only lighter balls would be selected, the host’s associates placed their bets on all possible combinations of the numbers 4 and 6. The results were as they expected, with the winning combination being 666 ensuring them a nice payday but cheating the general public out of a fair chance to win.
Judge’s Decision to Delay Bitlicense Hearing Considered a ‘Positive Step’
Last April news.Bitcoin.com reported on Theo Chino, the lone bitcoin entrepreneur that’s been fighting the Bitlicense in court for two years. This week during Chino’s case hearing, Judge Carmen Victoria St. George, decided to delay the Bitlicense trial until January 11, 2018, so she can review records used by the previous judge. Also read: Putin […]
Remittance Startup Bitspark Drops Bitcoin Over Network Fees
This week the Hong Kong-based bitcoin remittance provider, Bitspark, has announced the firm is switching its services over to the Bitshares blockchain instead of using bitcoin because it is “better suited for the company’s business.” Also read: Putin Tells Central Bank Not to Create Unnecessary Barriers to Cryptocurrencies Bitspark Drops Bitcoin for Bitshares Because of […]
Coinbase Users Can Now Use Bank Accounts to Instantly Purchase Cryptocurrency
San Francisco-based company Coinbase just announced they will allow customers to buy bitcoin, ethereum, and litecoin instantly with bank accounts. Each customer can buy up to $25,000 with this service. Previously, people could only conduct instant purchases with debit cards. This service requires users to provide their account numbers and routing numbers. However, the service is […]
PR: Zavodcoin. Investing in the Piping Industry Made Easy
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Cherepovets pipe-rolling plant Reorganization of production with funds attracted through […]
Bank of Lithuania Discourages Financial Institutions From Dealing With Virtual Currencies
The Bank of Lithuania has issued an official position regarding initial coin offerings (ICOs) and cryptocurrencies, in which the central bank encourages banks to withhold financial services from businesses operating with virtual currencies. Lithuania’s central bank also expressed its belief that ICOs should be regulated as securities. Also Read: Lithuania Shows ‘Serious Intentions’ in Blockchain Innovation […]
Fueled by Bitcoin, Fintech Booms in Europe as its Banking Cartels Aim to Slow Pace
Legacy banking in Europe colludes to deny access to financial technology (fintech) companies, bitcoin-related and others, in an effort to retard growth, the European Commission alleges. Also read: England Can Now Use Left-Over Change to Automatically Buy Bitcoin Europe’s Envious Problem Seemingly overnight, fintech companies, and those related, swooped and drained billions from a lucrative lending […]