2014 Consumer Survey: Consumer Attitudes on Bitcoin ... - CSBS

The Conference of State Bank Supervisors (CSBS) proposes a Draft Model Regulatory Framework for US state-by-state virtual currency (Bitcoin) activities

submitted by coinwatcher to Bitcoin [link] [comments]

The Conference of State Bank Supervisors (CSBS) proposes a Draft Model Regulatory Framework for US state-by-state virtual currency (Bitcoin) activities

submitted by moon_drone to BetterBitcoin [link] [comments]

4/23/14 - Bitcoin into space, Atlas ATS pushes forward, & Dorian Nakamoto says thank you

Video: http://www.moneyandtech.com/apr23-news-update/
Here are today's top news stories in Money & Tech:
The blockchain is headed for space. Jeff Garzik’s Dunvegan Space Systems is partnering with Deep Space Industries to build satellites called ‘BitSats’ that will be launched into space as a backup bitcoin orbital system. From orbit, these BitSats will be able to broadcast out transaction data from the blockchain to any users with a downlink. Garzik made the first payment to Deep Space Industries via BitPay, where he is also a senior software developer, and is now accepting bitcoin donations to help complete the project.
Bitcoin trading platform Atlas ATS has formed a partnership with The National Stock Exchange to speed up regulatory approval. By partnering with this self-regulatory organization, Atlas ATS hopes to bypass FinCEN's money-transmitting license in favor of SEC-approved rules that are more tailored to digital currency exchanges. Kraken and CoinMKT are also taking this route, as several exchanges race to become the first fully regulated digital currency exchange.
Nine state banking officials from the US Conference of State Bank Supervisors (CSBS), including New York Superintendent Ben Lawsky, have launched the Emerging Payments Task Force. The new task force plans to investigate bitcoin and other virtual currencies in the hopes of developing state regulation best practices, as well as more educational resources. The discussion will begin with a public hearing on May 16th in Chicago.
With the reluctance of Irish banks to accept bitcoin, ATM provider BitVendo and safe deposit box facility Merrion Vaults have partnered to provide cold storage to BitVendo's local cryptocurrency users. The service allows users to store their bitcoins safely in Merrion Vaults' high quality and secure safe deposit vault in Dublin.
Butterfly Labs has been on rocky ground since this month's lawsuit against the bitcoin mining hardware company, accusing it of collecting payments for false orders and using customer equipment for their own mining. This recent lawsuit is only the latest accusation of fraud against the Kansas-based company. What's more, co-founder Sonny Vleisides has been found in violation of his probation since pleading guilty to one count of mail fraud in 2010, which will likely extend his probation another two years.
Dorian Nakamoto, the man famously falsely identified as bitcoin's creator, has filmed a YouTube video with Andreas Antonopoulos to thank the bitcoin community for its support. Antonopoulos led a fundraising campaign for Nakamoto that raised over 47 bitcoins - worth nearly $23,000 dollars - in a new bitcoin wallet that Nakamoto says he will keep open as a new bitcoin user. Watch that YouTube video at https://www.youtube.com/watch?v=w7YmJZ-qVW8.
Bitcoin documentary The Rise and Rise of Bitcoin premieres today at the Tribeca Film Festival in New York City. Money & Tech will be attending the screening, as well as the film’s after-party hosted by Charlie Shrem. We will be bringing you video coverage and interviews from that event soon.
We will also be attending the next major digital currency event this Friday, Dogecon SF, which will be San Francisco's first dogecoin conference. The event is hosted by Follow The Coin, and will feature prominent industry speakers such as litecoin creator Charlie Lee, industry expert Andreas Antonopoulos, and of course, Dogecoin's own creator, Jackson Palmer. We sat down with Tina Hui and Matt Schlicht from Follow The Coin to talk about what we can look forward to at Dogecon SF. Find that interview here: http://moneyandtech.com/follow-the-coin-dogecon-sf/
submitted by moneyandtech to BitcoinMarkets [link] [comments]

Have You Heard of This Bitcoin Thing?

Don’t go burning your cash or cutting up your credit cards anytime soon. While awareness of bitcoin and other virtual currencies is on the rise, Americans don’t seem in any hury to actually use them. The WSJ reports that a new survey, from the Conference of State Bank Supervisors and the Massachusetts Division of Banks, found that just over half of those surveyed knew of bitcoin and other currencies, yet just 3% had said they used it.
The CSBS survey was takenn May, and questioned 1,000 online consumers. http://www.csbs.org/regulatory/ep/Documents/Final%20Report-VirtualCurrencySurvey2014.pdf i
The WSJ offers up these survey findings:
"…the findings aren’t surprising; men, for instance, were more likely (64%) than women (38%) to be aware of virtual currencies. Only a limited number said they’d buy or use them – 65% of the overall respondents said they were “unlikely” to ever use them. Younger respondents were more likely to have purchased bitcoins or other currencies, and Hispanics (30%) and African Americans (24%) were also more likely than whites (14%) to be willing to purchase virtual currencies.
While people in households where the income is over $100,000 were more likely to have heard of bitcoin (70%) than those in lower-income households (43%), they were less likely to say they’d purchase bitcoins (11%) than those in households with incomes of less than $100,000 (19%)."
http://blogs.barrons.com/focusonfunds/2014/08/27/psst-have-you-heard-of-this-bitcoin-thing/
submitted by Bricius to Bitcoin [link] [comments]

4/23/14 - Bitcoin into space, Atlas ATS pushes forward, & Dorian Nakamoto says thank you

Video: http://moneyandtech.com/apr23-news-update/
Here are today's top news stories in Money & Tech:
The blockchain is headed for space. Jeff Garzik’s Dunvegan Space Systems is partnering with Deep Space Industries to build satellites called ‘BitSats’ that will be launched into space as a backup bitcoin orbital system. From orbit, these BitSats will be able to broadcast out transaction data from the blockchain to any users with a downlink. Garzik made the first payment to Deep Space Industries via BitPay, where he is also a senior software developer, and is now accepting bitcoin donations to help complete the project.
Bitcoin trading platform Atlas ATS has formed a partnership with The National Stock Exchange to speed up regulatory approval. By partnering with this self-regulatory organization, Atlas ATS hopes to bypass FinCEN's money-transmitting license in favor of SEC-approved rules that are more tailored to digital currency exchanges. Kraken and CoinMKT are also taking this route, as several exchanges race to become the first fully regulated digital currency exchange.
Nine state banking officials from the US Conference of State Bank Supervisors (CSBS), including New York Superintendent Ben Lawsky, have launched the Emerging Payments Task Force. The new task force plans to investigate bitcoin and other virtual currencies in the hopes of developing state regulation best practices, as well as more educational resources. The discussion will begin with a public hearing on May 16th in Chicago.
With the reluctance of Irish banks to accept bitcoin, ATM provider BitVendo and safe deposit box facility Merrion Vaults have partnered to provide cold storage to BitVendo's local cryptocurrency users. The service allows users to store their bitcoins safely in Merrion Vaults' high quality and secure safe deposit vault in Dublin.
Butterfly Labs has been on rocky ground since this month's lawsuit against the bitcoin mining hardware company, accusing it of collecting payments for false orders and using customer equipment for their own mining. This recent lawsuit is only the latest accusation of fraud against the Kansas-based company. What's more, co-founder Sonny Vleisides has been found in violation of his probation since pleading guilty to one count of mail fraud in 2010, which will likely extend his probation another two years.
Dorian Nakamoto, the man famously falsely identified as bitcoin's creator, has filmed a YouTube video with Andreas Antonopoulos to thank the bitcoin community for its support. Antonopoulos led a fundraising campaign for Nakamoto that raised over 47 bitcoins - worth nearly $23,000 dollars - in a new bitcoin wallet that Nakamoto says he will keep open as a new bitcoin user. Watch that YouTube video at https://www.youtube.com/watch?v=w7YmJZ-qVW8.
Bitcoin documentary The Rise and Rise of Bitcoin premieres today at the Tribeca Film Festival in New York City. Money & Tech will be attending the screening, as well as the film’s after-party hosted by Charlie Shrem. We will be bringing you video coverage and interviews from that event soon.
We will also be attending the next major digital currency event this Friday, Dogecon SF, which will be San Francisco's first dogecoin conference. The event is hosted by Follow The Coin, and will feature prominent industry speakers such as litecoin creator Charlie Lee, industry expert Andreas Antonopoulos, and of course, Dogecoin's own creator, Jackson Palmer. We sat down with Tina Hui and Matt Schlicht from Follow The Coin to talk about what we can look forward to at Dogecon SF.
Find that interview and more videos on the Money & Tech website at http://moneyandtech.com/apr23-news-update/
submitted by alwaysahn to Bitcoin [link] [comments]

IRS is Coming For Bitcoin & Virtual Currency (How is it ... Ethereum, A Virtual Currency, Rivals Bitcoin: The Bottom Line  CNBC Bitcoin and Cryptocurrency Documentary HD Bitcoin, the Gateway Virtual Currency? What's the future of virtual currency?

Awareness of Bitcoin and Other Virtual Currencies Over half of respondents (51 percent) said they had heard of Bitcoin or another virtual currency. Among those who heard of virtual currency, the most common sources of information were the Internet (54 percent) followed by television (25 percent). CSBS Virtual Currency Framework Comment. The Conference of State Bank Supervisors has issued a forward thinking draft model state regulatory framework for virtual currency activities . By Peter Van Valkenburgh / February 16, 2015. On December 16, 2014, the Conference of State Bank Supervisors issued for public comment a draft model state regulatory framework for virtual currency activities. We ... Bitcoin is the best known, but it's just one of many digital forms of currency. These cryptocurrencies are decentralized; rather than being processed through banks, transactions are verified and ... CSBS Policy on State Virtual Currency Regulation. The Conference of State Bank Supervisors (“CSBS”) formed the CSBS Emerging Payments Task Force (“Task Force”) to examine the intersection between state supervision, state law and payments developments, and to identify areas for consistent regulatory approaches among states. This effort included an assessment of virtual currency ... A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are...

[index] [45839] [32557] [2452] [49605] [6928] [32762] [48782] [24410] [28321] [44937]

IRS is Coming For Bitcoin & Virtual Currency (How is it ...

비트코인 '급락'•비트코인캐시 '급등' 네티즌 “도박판 수준, 서버다운까지” The world's most popular cryptocurrencies, Bitcoin and Bitcoin Cash saw wild price ... Aaron Gilkes, RCMP Presented at the SERENE-RISC Workshop 2017, April Is Bitcoin (BTC) a gateway virtual currency? Will using BTC lead to more sinister or otherwise naughty behaviour online? Bitcoin is soaring to new highs. CNN's Richard Quest explains the roller coaster ride, and what's next for virtual currencies. The digital currency Bitcoin has been making headlines this week after a huge increase in value, but ministers are to introduce tighter regulations on the vi... Bitcoin (₿) is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer ...

#