New Rules Proposed For Bitcoin Exchange Providers In El Salvador

The document detailing the new guidelines has been released for comment, apparently encompassing only BTC/USD exchange providers. New technical rules for the Bitcoin law in El Salvador have been submitted for discussion by its Central Bank. The document seeks to clarify the rights and requirements for financial institutions seeking to provide bitcoin to dollars exchange […]

How Bitcoin Becomes Hyper Intuitive

Kit Stanwood joined the “Bitcoin Magazine Podcast” to discuss how Bitcoin became hyper intuitive for her. Watch This Episode On YouTube Listen To This Episode: BitcoinTVAppleSpotifyGoogleLibsynOvercast It is often difficult for people to get into Bitcoin without already being primed to align with one of Bitcoin’s strange attributes. Parker Lewis described Bitcoins strangeness as “being […]

M3Sixty Files For “Risk-Managed” Bitcoin Fund, Won’t Hold Bitcoin

Instead of holding BTC, the IDX Risk-Managed Bitcoin Fund will invest in futures contracts and engage in high-frequency trading. Financial services firm M3Sixty recently filed with the U.S. Securities and Exchange Commission (SEC) to launch the IDX Risk-Managed Bitcoin Fund. The fund will invest mainly in bitcoin futures contracts and pooled investment vehicles to achieve […]

Founder of the Bitcoin Mixer Helix Pleads Guilty to Money Laundering Charges

Larry Dean Harmon, founder and operator of the bitcoin mixing service Helix has pleaded guilty on Wednesday to money laundering charges. Harmon’s guilty plea follows the U.S. Treasury’s Financial Crimes Enforcement Network (Fincen) fining Harmon $60 million last year. Helix Operator Pleads Guilty to Money Laundering, Conspiracy Charges According to several reports and a court-issued […]

Coinbase Builds $4 Billion Cash Pile, Neglects Bitcoin

The U.S. cryptocurrency exchange pushes for the trading of shallow tokens to ramp up revenue instead of promoting Bitcoin empowerment. Coinbase has built a $4 billion hoard of cash in its first months as a public company, but its bitcoin holdings have not increased. The biggest U.S. cryptocurrency exchange seems to be mainly profit-driven; it […]