Bitcoin | Comsure
Wednesday 22nd October 2014
Twitter Facebook Twitter LinkedIn RSS

Comsure operates in:the UK, Jersey, Guernsey

Pages: « 1 2 »

Canada: The Regulation Of Virtual Currencies In Canada

Canada is engaged in an important effort to reform its payment system. In recent years, there have been important legislative measures to enhance the payment system including the adoption of the Payment, Clearing and Settlement Act, and the Payment Card Network  Act. There was the appointment of an expert task force (the “Task Force”) that [...]

FacebookTwitterLinkedInEmail
Read More

Bitcoin heist diverts net traffic.

More than $83,000 (£50,000) in virtual cash has been stolen by a thief who managed to hijack net traffic from 19 separate ISPs, say security experts. The hijacked data was involved in the “mining pools” that generate virtual cash and keep track of who spent what. The thief directed the results of the mining and [...]

FacebookTwitterLinkedInEmail
Read More

Jersey Breaking Ground On Bitcoin, Clarifies Tax Rules

Jersey has become the first jurisdiction in the world to successfully establish a regulator-approved Bitcoin investment fund, and has set out rules on the taxation of cryptocurrencies. The open-ended fund is due to launch on August 1, 2014. Jersey’s Comptroller of Taxes has stated that Jersey’s income tax provisions on foreign exchange activities will apply [...]

FacebookTwitterLinkedInEmail
Read More

Europe eyes AML & CTF controls for bitcoin.

Bitcoin-friendly businesses that were eyeing European locations as regulation-free environments for virtual currencies may need to reconsider as AML – CTF and related KYC (CDD) concerns are at the fore there as well as in the U.S. On Friday, the European Banking Authority (EBA) published an opinion recommending both that banks avoid most bitcoin-friendly customers [...]

FacebookTwitterLinkedInEmail
Read More

Meet Britain’s Bitcoin Barrister

At the beginning of June, the U.K.’s Financial Conduct Authority (FCA) announced the formation of Project Innovate, an initiative aimed at getting to grips with disruptions in payment from new technologies. The FCA hopes to develop the rules around disruptive payment technologies, so that financial institutions who are disrupting, and those that are being disrupted, [...]

FacebookTwitterLinkedInEmail
Read More

Bitcoin: The Weapon of Choice for Divorce

  Bitcoin divorce, Jane Croft, writing in  Financial Times 02/06/2014  points out warnings from lawyers, that Bitcoin is fast becoming the weapon of choice for hiding assets in a divorce battle. Because of Bitcoin’s relative anonymity many husbands are choosing to use it as a medium of investment and thereby avoiding a full disclosure of [...]

FacebookTwitterLinkedInEmail
Read More

Flaw in Bitcoin, exchange shutdowns, $2.7 million theft: Is the end coming?

Are the end-times coming to Bitcoin? Putting aside the wild rides in valuation, the last few days have seen the three top exchanges halting withdrawals, a reported heist of $2.7 million, and the exploitation of a flaw in the Bitcoin protocol. Silk Road 2.0, a black market drug-trading site based on untraceable Bitcoins, reports that [...]

FacebookTwitterLinkedInEmail
Read More

Federal Reserve Economist On Bitcoin: ‘Small Phenomenon But Growing’

The price of Bitcoin reaches a new high this week, nearing and passing $300 on major exchanges.  It’s a big moment for Bitcoin. The digital currency has gotten an official nod from the overseer of U.S. currency in the form of a primer out of the Federal Reserve Bank of Chicago. Senior economist François R. [...]

FacebookTwitterLinkedInEmail
Read More
Pages: « 1 2 »