Dish Network CEO said Coinbase’s payment processing fee is attractive, compared to the average of what it pays to other processors.
The group stressed bitcoin’s apparent advantage to those Americans who are “unbanked”, or not relaying on mainstream financial institutions, whether by choice or because of high transactional fees.
Executives from several bitcoin businesses told a panel of state banking regulators meeting Friday that banks are skittish to set up partnerships with them because of an uncertain regulatory environment surrounding cryptocurrencies.
But now that the cryptocurrency can be used as donations to political campaigns, lawmakers might suddenly think twice about limiting bitcoin’s development.
Bloomberg has started providing bitcoin pricing to more than 320,000 subscribers through its Bloomberg Professional service. And client demand is one of the reasons for the addition of the cryptocurrency.
It is fully understandable for state officials to provide guidelines to consumers who could blindly jump into bitcoins without knowing all the risks. But for Nevada to do this is, well, an act jam-packed full of irony.
In a new video, Dorian Nakamoto, 64, the California man that Newsweek said was Satoshi Nakamoto, the mysterious creator of the virtual currency bitcoin, took a big swipe at the magazine and the reporter who wrote the story published last month.
Tech startup MEVU has announced the first wearable bitcoin wallet that can complete microtransactions, usually under $20, by reading your movement.
Facebook is reportedly near regulatory approval in Ireland for a service that would allow the social network’s users to store money via Facebook and use it to pay and exchange money with others.
But even after Friday’s rally, bitcoin is down about 50 percent over the last three months and more than 60 percent since it reached its all-time high over $1,100 late last year.