10 Feb
0
Over 3,000 Bitcoin-friendly merchants are already registered at CoinMap
(BitcoinExaminer) Bitcoin’s amazing ride into the mainstream is not just happening online with the help of big retailers like Overstock or TigerDirect. There are now more than 3,000 brick-and-mortar merchants spread across the world that accept cryptocurrency, according to CoinMap.
The online map allows retailers to register once they start accepting BTC and the number of members has been growing exponentially. After the price peak registered in November of 2013, CoinMap went from almost 1,000 to 2,004 merchants.
And now the platform took another big leap, currently listing 3,003 physical retailers. This means that the number of businesses registered at CoinMap grew about 50 percent in less than two months.
The place with the biggest number of retailers is still the United States – with 1,294 businesses -, but Europe is giving America a run for its money with more than 1,200 companies and stores that already accept Bitcoin.
Cryptocurrency is even present in more secluded places like Iceland or Siberia, as you can see on the website.
According to the calculations made by the Redditor ‘LiveBeef’, CoinMap’s next big jump should happen in March, when the platform could reach 4,000 merchants.
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31 Jan
0
French authority forces Bitcoin exchanges to register
(BitcoinExaminer) Every Bitcoin exchange currently operating in France must now be registered with the local authorities and ask for a license in order to legally function in the country. The news was announced by the French Prudential Supervisory Authority (ACPR).
The institution, which is responsible for the regulation of the French banks, has issued a statement clarifying the status of Bitcoin and related exchanges in the country. Besides revealing several concerns and leaving warnings for the users, the ACPR also states that anyone operating an exchange in France must mandatorily have a license.
The move means that every exchange will have to become a provider of payment services
under the authority’s supervision. So all cryptocurrency transactions
that involve exchanges must go through a registered provider, whether we
are talking about a credit institution, payment institution or an
electronic money institution, Coindesk reports.
under the authority’s supervision. So all cryptocurrency transactions
that involve exchanges must go through a registered provider, whether we
are talking about a credit institution, payment institution or an
electronic money institution, Coindesk reports.
The ACPR used the same statement to
remind the public that Bitcoin has its hazards. “Risk of fraud and money
laundering and terrorist financing” are just some of the dangers set
forth by the French authority, which also recalled that the European
Banking Authority (EBA) has already issued other public warnings about
digital currencies.
remind the public that Bitcoin has its hazards. “Risk of fraud and money
laundering and terrorist financing” are just some of the dangers set
forth by the French authority, which also recalled that the European
Banking Authority (EBA) has already issued other public warnings about
digital currencies.
Despite the consequences for the
exchanges, the statement doesn’t force the individual users living in
France to adapt to any changes.
exchanges, the statement doesn’t force the individual users living in
France to adapt to any changes.
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15 Nov
0
Regulation Of Bitcoin – The European Bitcoin Convention — 2013 Amsterdam
Regulation Of Bitcoin at the European Bitcoin Convention
Wieske
Ebbe (Dutch Central Bank), Michael Maier (Fidor Bank), Niels Ploeger
(Amsterdam Police), Joerg Platzer (Crypto Economics Consulting Group)
& Casper Riekerk (Finnius Lawyers)
Recorded By IamSatoshi
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