Theo Chino: NY Authorities Are Using Bitcoiners in New York as Guinea Pigs
Bitcoin entrepreneur and software developer Theo Chino, has accused the New York Department of Financial Services of using Bitcoiners in New York as guinea pigs. The New York businessman has filed a petition at the Supreme Court of New York, challenging the mandate of the New York Department of Financial Services. Process burdensome and expensive
In his claim, filed by the Ciric Law Firm PLLC, Theo alleged that the New York Department of Financial Services acted illegally and arbitrarily, and exceeded its regulatory power when it promulgated its controversial “Virtual Currency” regulation in 2015 - Part 200 of Chapter 1 of Title 23 of the New York Codes, Rules and Regulations. Read More: https://cointelegraph.com/news/theo-chino-ny-authorities-are-using-bitcoiners-in-new-york-as-guinea-pigs
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Despite the large concentration of Bitcoin and other cryptocurrency related activities in China, a new report suggests that a tiny proportion of online shoppers in the world’s most populated country use the top digital currency. The study, based on a 20-minute digital survey with a nationally representative sample of 1,000 online digital shoppers ageing 18+ in the U.S. and China, conducted between Sept. 19 and Oct. 12, 2016, says credit cards, online payment services and mobile wallet still tops the list of the most used online payment method by device among US and Chinese shoppers respectively by a large margin. Read More: https://cointelegraph.com/news/one-percent-of-us-chinese-digital-shoppers-pay-online-with-bitcoin-altcoins
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HT : England 1 v 0 Scotland FT : England 1 v 0 Scotland
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Italian Taxi Firm Now Accepts BitcoinItaly’s biggest taxi firm, Cooperative RadioTaxi 3570, announced earlier this month that it is now accepting the digital currency, bitcoin, as a form of payment to its customers, according to Bitcoin.com. With 3,700 cars in the capital of Italy, answering 30,000 calls a day, and providing more than 10,000,000 taxi services throughout a year, it is the biggest taxi firm in Europe. This announcement further expands the companies reach at a time when bitcoin’s growth shows no signs of slowing. Read More: https://www.cryptocoinsnews.com/italian-taxi-firm-now-accepts-bitcoin/
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Technology pioneer and founder of the anti-virus product, John McAfee, has claimed that there is a need for a major shakeup in cryptocurrency security to prevent the virtual money world from crumbling. This is despite his view that there will be a cryptocurrency standard for the world soon whether governments like it or not and tracking money flow would be difficult as well as the irony created by cryptocurrencies being powered by blockchain – considering its various real-world use cases in various sectors – as a system built to give anonymity also being used to identify. Read More: https://www.cryptocoinsnews.com/mcafee-security-is-key-to-a-bitcoin-future/
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MGT Capital Investments, Inc. announced that it has updated its shareholders and implemented the successful completion of second phase of its bitcoin operation in central Washington State, ahead of its schedule. The release stated that the company has delivered the phase two metrics ahead of schedule, and has expanded the processing power of its bitcoin operations to over five PetaHash. The move would place MGT as a leader in the U.S. bitcoin mining network. Read More: http://www.econotimes.com/MGT-Capital-completes-second-phase-of-bitcoin-operations-397206
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Bitcoin May Gain Regulatory Approval From Malta Gaming Authority SoonImportant weeks are ahead for the future of Bitcoin as a global currency. The Malta Gaming Authority is looking into officially recognizing Bitcoin as a currency, which would be a significant step forward for online gambling. Rumors regarding this possibility have been floating around the internet for quite some time, but it looks like things are on the verge of being formalized. Malta Gaming Authority Takes Bitcoin Seriously It is positive to see the Malta Gaming Authority take a closer look at bitcoin and how it can affect the future of [online] gambling. Multiple casinos around the world have started accepting cryptocurrency deposits for online gambling, although there is no official regulation related to doing so. This causes quite a few platform operators to hold off on embracing Bitcoin until proper guidelines have been established. Read More: http://bitrss.com/news/48865/bitcoin-may-gain-regulatory-approval-from-malta-gaming-authority-soon
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Shinhan Bank, one of the largest financial institutions in South Korea will begin a remittance service – backed by bitcoin – between Korea and China, starting next month. The Korea-China corridor will soon see the bitcoin remittance service made possible through Hong Kong as an intermediary, a country where digital currency transactions are legally allowed, according to Korean news outlet Pulse. Read More: https://www.cryptocoinsnews.com/major-korean-bank-bitcoin-remittance-service-launch/
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Zebpay, a bitcoin exchange platform and mobile wallet, is in talks to raise $3 million (Rs 20 crore) to upgrade its servers and enhance its security in order to handle large trade volumes. US-based Pantera Capital, a bitcoin investment firm, will be part of the funding round but it will be led by an India-based venture capital firm, Saurabh Agrawal, chief executive and co-founder of Zebpay told Techcircle. Read More: http://techcircle.vccircle.com/2016/11/11/exclusive-bitcoin-startup-zebpay-in-talks-to-raise-funds/
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India Racing Up BTC Charts The nature of Indian commerce at non-official level, dealing in cash and mobile-based micropayments, has made it fertile ground for Bitcoin startups. Kenya is often referred to as the African success story due to its leapfrogging traditional banking penetration. Likewise, India is already showing huge potential for bitcoin to empower citizens. Read More: http://bitcoin.xyz/india-becomes-no-2-bitcoin-amazon-buyer-amid-rupee-shake/
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Final score:
HT : Brazil 2 v 0 Argentina FT : Brazil 3 v 0 Argentina
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مرحبا بالاخوة المغاربة
أخوكم من تونس و اتمنى لكم و لجميع العرب ان ننهض معًا بالمنتدى و لكي يعلم العالم أن هناك اهتمام عربي بالبيتكوين.
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Bitcoin is often spoken about within the tech industry, as there are often new advanced and applications of Bitcoin that are being discovered. Bitcoin is a crypto-currency. This means that it is an international virtual currency that is not controlled by a national reserve bank. One of the latest and greatest uses and applications for Bitcoin have been in the online gaming industry. More and more online gaming platforms are allowing their customers to use Bitcoin as a form of payment. There are many advantages of using Bitcoin as your currency of choice when paying for online gaming services, here are some of them. Read More: http://thebitcoinnews.com/the-latest-advances-of-bitcoin-into-the-online-gaming-industry/
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The relative stability of Bitcoin during periods of geopolitical uncertainties has allowed the digital currency to be considered by investors as a safe haven for the preservation of their wealth. Two major events in 2016 that quickly come to mind when considering the geopolitical risks borne by holders of fiat currencies, stocks, commodities and other financial elements are Brexit and the US elections. The fallout from these events saw the nations’ currencies and stocks plummet within very short periods of time. Read More: https://cointelegraph.com/news/like-gold-bitcoin-is-becoming-the-ultimate-safe-haven-investment
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A long-proposed bitcoin feature called 'sidechains' may soon take a big step forward thanks to a pair of proposals. The idea behind sidechains, most associated with the startup Blockstream (whose team boasts its originators), is to make it easier to add new features to bitcoin, something that's proven difficult in the past due to bitcoin's design. Read More: http://www.coindesk.com/two-new-sidechains-proposals-change-bitcoins-dna/
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With a big spike after the election, is Bitcoin officially the new gold?In an early sign that investors were looking for a hedge for their funds in the wake of Donald Trump’s surprising victory in the U.S. presidential elections, the price of the digital currency Bitcoin spiked as the election results came in. The rise in Bitcoin pricing was part of an overall flux in the world’s economy. As futures on the Dow fell by nearly 800 points, coupled with the Standard and Poor’s 500 falling five percent, circuit breakers designed to halt trading during wild swings on the market were triggered. Read More: https://theamericangenius.com/finance/bitcoin-election-spike/
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