New York Launching Regulated Bitcoin Exchanges

New York State is launching regulated Bitcoin exchanges. The New York State Department of Financial Services (NYSDFS) is prepared to accept proposals for these regulated exchanges. According to Benjamin Lawsky, superintendent of NYSDFS: “The urgent need for stronger oversight…including robust standards for consumer protection, cyber security, and anti-money laundering compliance.” Over the last few months it seems like everyday there…

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New Crowdfunding Solution Launches, Includes Bitcoin Support

Crowdtilt has launched a new open source crowdfunding solution called CrowdtiltOpen, which will allow anyone to utilize crowdfunding to raise funds for any purpose through their own website. The list of features is pretty impressive, CrowdtiltOpen has even integrated the ability to accept bitcoin payments. They also offer recurring billing, analytics, and a number of customization options. The solution allows…

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How to Use Bitcoin to Shop at all Your Favorite Retailers

Over the last few months, several online retailers have made the news by announcing they will accept bitcoins as a form of payment. While this was great news within the Bitcoin community, the progress on convincing brick-and-mortar stores to accept bitcoins is nominal. For many retailers, bitcoins are still just too unknown. They don’t fully understand the currency or how…

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Bitcoin: Full “Crisis Strategy Draft” Document by Mt Gox

As reported earlier, Mt Gox closed down last night, displaying just a simple statement on their website. Here is a the full version document that was created by them which hasn't been officially released: Crisis Strategy Draft Situation For several weeks MtGox customers have been affected by bitcoin withdrawal issues that compounded on themselves. Publicly, MtGox declared that “transaction malleability”…

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