Bitcoin Forum

Bitcoin => Press => Topic started by: julz on December 08, 2012, 02:17:47 AM



Title: 2012-12-07 fastcompany.com - Bitcoin-Central Gets Bank Status
Post by: julz on December 08, 2012, 02:17:47 AM
This isn't really an 'article' - just an item in their 'Fast Feed' which is for breaking news.
I figure it's noteworthy in that fastcompany is relatively influential in business circles (Mag circulation approx 750K,  600K+ twitter followers)

Quote
Bitcoin-Central Gets Bank Status

Nidhi Subbaraman
2012-12-07

http://www.fastcompany.com/3003819/bitcoin-central-gets-bank-status


(full text of item)
A Bitcoin exchange has become a Payment Service Provider in Europe after partnering with French banks Aqoba and Credit Mutuel.

This means that owners could bank their Bitcoins, pay with Bitcoins using a debit card, and be protected by schemes that apply to regular money and regular bank accounts. The BBC explains that this setup gives Bitcoin Central network a position equivalent to PayPal and WorldPay.