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  • November 23, 2014
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  1. Business - Companies

    United States tech firm sued over problems in delivering bitcoin machines

    Posted Sep 26th 2014, 05:09am by AP

    ... Associated Press in Kansas Tech firm sued over bitcoin problems A company that offered bitcoin-generating computers is being sued by the US Federal Trade Commission (FTC), which said ... reported. Bitcoins are a virtual currency that have gained traction as a way to buy and sell some goods and services instead of using government-issued money. They are created by computers set up ...

  2. News - World - bitcoin

    Pair admit abetting transfer of bitcoins to rogue website Silk Road

    Posted Sep 05th 2014, 10:15pm by AP

    ... Associated Press in New York Defendants let digital currency reach website despite knowing most of its deals were illegal Pair admit enabling Silk Road to use bitcoin The top executive of a New York-based bitcoin company and a Florida bitcoin exchanger have pleaded guilty to charges in a US federal court that they enabled the digital currency to be funnelled to the black market ...

  3. Business - Banking & Finance - CURRENCIES

    Britain eyes Bitcoin, rivals, with virtual currency rules

    Posted Aug 06th 2014, 12:30pm by Reuters

    ... Reuters in London UK eyes bitcoin rules as part of innovation push Britain took its first steps yesterday towards regulating the rapidly expanding use of virtual currencies, launching a study to look at the opportunities and risks presented by digital currency bitcoin and its rivals. The announcement came in a package of measures unveiled by finance minister George Osborne ...

  4. News - Hong Kong - VIRTUAL CURRENCY

    Bitcoin exchanges have struggled to survive on mainland

    Posted Jun 24th 2014, 04:01pm by DANNY LEE

    ... Danny Lee danny.lee@scmp.com Bitcoin exchanges on the mainland have short lives The average lifespan of mainland-based virtual currency businesses is just nine months, indicating Beijing's success in limiting financial activity outside the official banking system. A dozen Chinese bitcoin exchanges have gone bankrupt or shut down in the past 12 months as they have struggled ...

  5. News - Hong Kong - bitcoin

    Bitcoin firm HXCex being probed after customer says he lost HK$67,000

    Posted Jun 23rd 2014, 04:57am by DANNY LEE

    ... Danny Lee danny.lee@scmp.com One alleged victim says he is out HK$67,000, while company seems to have ceased work Bitcoin firm HXCex is probed over lost money Police are investigating the disappearance of tens of thousands of dollars worth of the virtual currency bitcoin in a move that could open the floodgates for more potential victims to come forward. Scrutiny has fallen ...

  6. News - Hong Kong - INVESTING

    Investor in Hong Kong Crypto Exchange calls it amateur at best

    Posted Jun 23rd 2014, 04:57am by DANNY LEE

    ... Danny Lee danny.lee@scmp.com Investorin Hong Kong Crypto Exchange has been unable to withdraw either real or virtual currency, and fears his money has vanished Bitcoin exchange 'amateur at best' Dominic Rivers spotted an opportunity to make money last month from low bitcoin prices. Now he's wondering if he will see his investment again. The Briton, 34, says he ...

  7. Business - Companies - CYBER-CURRENCIES

    Ex-convict cum bitcoin evangelist calls the rich to island paradise

    Posted Jun 17th 2014, 05:13am by Bloomberg

    ... Bloomberg in Tokyo Bitcoin evangelist's website offers new passport and near-zero taxes with swipe of a smartphone Millionaire ex-convict calls the rich to island paradise He is known as Bitcoin Jesus in the world of cyber-currencies. Though he cannot promise you heaven, he is offering a haven: a condominium in the Caribbean that comes with a new passport and almost zero taxes. ...

  8. News - Hong Kong - VIRTUAL CURRENCY

    Li Ka-shing boosts bitcoin investments amid currency crackdown in China

    Posted May 14th 2014, 06:38pm by DANNY LEE

    ... Danny Lee danny.lee@scmp.com Asia’s richest man Li Ka-shing has boosted his investment in bitcoin, in a vote of confidence for the beleaguered digital currency, amid a crackdown on its widespread popularity in China. Despite the price of a bitcoin tumbling from political pressure, the billionaire tycoon has poured an undisclosed amount of money, believed to be worth millions ...

  9. News - China - VIRTUAL CURRENCY

    Hundreds attend China's first bitcoin summit, defying Beijing's warning

    Posted May 11th 2014, 05:25am by DANNY LEE

    ... Danny Lee in Beijing danny.lee@scmp.com China bitcoin summit defies Beijing Several hundred people defied the central government's bitcoin crackdown by attending China's first ... of digital currencies in the mainland. "Thailand has already banned bitcoin, so has Russia. But who cares if China bans it as long as everyone knows the whole world can't ban it," Li ...

  10. News - World - INTERNET

    Bitcoin Foundation members quit over election of troubled ex-Disney child star

    Posted May 18th 2014, 06:26am by Reuters

    ... Reuters in San Francisco Ructions on bitcoin board as former child actor joins The most prominent trade group pushing adoption of the bitcoin has been rocked by controversy as it begins its annual conference. At least 10 members of the non-profit Bitcoin Foundation have resigned over the election of one-time Disney child star and bitcoin entrepreneur Brock Pierce as a new ...




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