Digital banking
Digital banking
-
Allowing merchants to set up recurring debits or pull money from a Bitcoin account seems in conflict with the Bitcoin protocol itself, which was built for push transactions, allowing consumers to have a better handle on what payments they make. But pull transactions are just what a partnership between Coinbase and Balanced will enable.
February 20 -
Amazon.com Inc. is expanding the use of its digital currency, Amazon Coins, to all apps and games in the mobile Amazon Appstore.
February 19 -
The Bitcoin community is in limbo after two big exchanges halted withdrawals due to a technical feature within the Bitcoin protocol that allowed fraudsters to manipulate transaction IDs.
February 13 -
Daniel Lee has been accepting Bitcoin at his family's seven retail stores in Fort Greene, Brooklyn since March 2013 by having customers send the digital currency to wallet addresses he manages.
February 12 -
Bitcoin exchange Mt. Gox said customers can take out cash "as normal" and it's working to resolve technical issues that prompted it to halt withdrawals of the digital currency.
February 10 -
-
Every couple weeks a new group of mainstream merchants and payments providers begins accepting Bitcoin, the popular and often controversial digital currency.
February 10 -
Mt. Gox, one of the largest Bitcoin exchanges, has suspended Bitcoin withdrawals because of a technical issue, the company said in a Feb. 7 announcement.
February 7 -
Bitcoin's earliest adopters used to launch scathing criticism at the U.S. for being the first to regulate digital currency in 2012, but their ire seems to have cooled off.
February 7 -
Apple Inc. removed Blockchain, an application for iPhones used to send and receive bitcoins, from its App Store, the developer of the program said.
February 6 -
The central bank of Estonia, where Swedish banks dominate the lending market, urged consumers to steer clear of Bitcoin and similar virtual currencies, warning such software could prove to be little more than a "Ponzi scheme."
January 31 -
Amazon.com is developing a person-to-person payments system that would compete against the likes of PayPal, according to a job listing on the e-commerce company's website.
January 30 -
It's still unclear what New York's planned "BitLicense" actually is, but the New York Department of Financial Services says its license is meant to encourage Bitcoin businesses to operate and innovate in the state.
January 29 -
Charlie Shrem, the digital currency entrepreneur indicted on money laundering charges, has resigned as vice chairman of the Bitcoin Foundation.
January 28 -
New York's financial regulator today said that the state will propose regulations for oversight of virtual currencies such as Bitcoin this year.
January 28 -
Does Bitcoin require its own set of regulations, or can businesses that trade in the virtual currency and payment system be policed effectively under existing rules?
January 27 -
Authorities arrested the former CEO of a defunct Bitcoin exchange company on charges of conspiring to launder more than $1 million for users of the online drug market Silk Road.
January 27 -
A diverse group of entrepreneurs is trying to solve a riddle that may hold the key to Bitcoin and other digital currency moving into the mainstream: how to insure accounts.
January 24 -
Coinmkt, a digital currency exchange based in Los Angeles, has opened an account with E-Trade to allow users to deposit U.S. dollars into the exchange as wire transfers from U.S. bank accounts.
January 23 -
As with any new technology, mobile wallets must earn the trust of the consumers and merchants who would use them. Many mobile payment apps may attempt to beef up security with password and PIN protection, but a few have had their security scrutinized very publicly.
January 17



