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Bitcoin – Page 1905 – DIGIT INFO

Bill Promises to Rid New York of Bitlicense Fees

A bill that may turn New York into a friendlier place for crypto entrepreneurs has been introduced in the state’s Assembly. The draft is intended to “safeguard” cryptocurrency business activity and “prohibit” licensing fees. Its sponsors want to replace the costly Bitlicense regulations with a licensing regime based on audits. The aim is to protect … Read more

Bitcoiners’ Mom Lyn Ulbricht Never Imagined She’d Be in This Situation

Ross Ulbricht was swept up in Silk Road prosecutions, and got the worst of it: double life, no parole. His facts will be finally before the US Supreme Court by the end of this month, as the body determines whether to ultimately hear the case. As part of its growing podcast network, Bitcoin.com has another … Read more

Survey Says 60% of Square Merchants Are Willing to Accept Bitcoin

According to a recent study of 100 U.S. based merchants that use Square Inc.’s payment technology — a good majority surveyed are open to taking bitcoin as a form of payment. Nomura Instinet surveyed merchants who made at least $100,000 in annual revenue and 60 percent said they would accept bitcoin instead of USD. Also read: Bitcoin … Read more

Bitcoin Price Watch: Currency Holds Steady at $8,200

The price of bitcoin fell in dramatic fashion yesterday following Google’s announcement that it would no longer support cryptocurrency and ICO-related ads. Prior, bitcoin had been trading for approximately $9,100, though following the search engine’s sudden decision, the price fell nearly $1,000 (eight percent), and it has been hovering at $8,200 ever since. For the … Read more

Three South Korean Crypto Exchanges Raided for Diverting Funds

South Korean prosecutors have searched the offices of three cryptocurrency exchanges suspected of buying bitcoin with money stolen from customers’ accounts. According to authorities, the companies turned up on the radar during investigations of dubious transfers in January. The raids have been conducted this week. Also read: Growing Number of South Korean Crypto Exchanges Participate … Read more

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