Obama needs to make a move on bitcoin now—Bart Chilton—commentary

  • The Internal Revenue Service has opined that digital currencies such as bitcoin are taxed as “property.”
  • Since 2014 we’ve seen a serious and significant shift among government officials and within the bitcoin/blockchain community.
  • Current CFTC Commissioner Chris Giancarlo recently (and rightly) called for such protection for digital currency.
  • With an available supply of more than 15.5 million bitcoins, the digital currency now has a market capitalization of nearly US$7 billion, according an estimate by market-data site CoinCap.
  • The Securities and Exchange Commission and Commodity Futures Trading Commission have approved certain bitcoin/blockchain-related activities under their jurisdictions.

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@BTCtradePt: “We did it with the internet and we need to do it now with virtual currencies like #bitcoin Obama needs 2make a move”


Europe is way ahead of the US when it comes to bitcoin, says former CFTC Commissioner Bart Chilton. Obama needs to step up.


Obama needs to make a move on bitcoin now—Bart Chilton—commentary

Bayer’s Monsanto bid to create biggest agricultural supplier

Bayers Monsanto bid to create biggest agricultural supplier - BBC News #Agritech #Bitcoin

  • Based on what you read, would you recommend investing in bitcoin?

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@bitcoinagile: “Bayers Monsanto bid to create biggest agricultural supplier – BBC News #Agritech #Bitcoin”


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Bayer’s Monsanto bid to create biggest agricultural supplier

Spain arrests 30 suspected of laundering money in bitcoin centers

  • Spain arrests 30 suspected of laundering money in bitcoin centers
  • The proceeds were allegedly laundered through investments in banking products, luxury cars, property as well as Bitcoin centers.
  • Spanish police said on Wednesday they had arrested 30 people suspected of illegally distributing pay television content and of laundering the proceeds by investing in bitcoin “mining” centers for processing transactions in the digital currency, which use intensive computing power to generate more bitcoins.
  • Six bitcoin “mining” centers were seized in the raid, they added, after an investigation alongside Spain’s tax office that started as a crackdown on a scheme to illegally decode and distribute pay-TV content.
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@CNBCi: “Spain arrests 30 suspected of laundering money in bitcoin centres”


Spanish police say they’ve arrested 30 people suspected of illegally distributing pay TV content & of laundering proceeds by investing in bitcoin “mining” centres.


Spain arrests 30 suspected of laundering money in bitcoin centers

Spain Arrests 30 Suspected of Laundering Money in Bitcoin Centers

  • Europe | Spain Arrests 30 Suspected of Laundering Money in Bitcoin Centers
  • The proceeds were allegedly laundered through investments in banking products, luxury cars, property as well as Bitcoin centers.
  • Six bitcoin “mining” centers were seized in the raid, they added, after an investigation alongside Spain’s tax office that started as a crackdown on a scheme to illegally decode and distribute pay-TV content.
  • MADRID – Spanish police said on Wednesday they had arrested 30 people suspected of illegally distributing pay television content and of laundering the proceeds by investing in bitcoin “mining” centers for processing transactions in the digital currency, which use intensive computing power to generate more bitcoins.
  • Police said the bitcoin “mining” operations had also been fraudulently using vast amounts of electricity to keep their computing systems running.

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@Bitcoin_UAE: “”Spain Arrests 30 Suspected of Laundering Money in Bitcoin Centers” by REUTERS via NYT #Bitcoin”


Spanish police said on Wednesday they had arrested 30 people suspected of illegally distributing pay television content and of laundering the proceeds by investing in bitcoin


Spain Arrests 30 Suspected of Laundering Money in Bitcoin Centers

Bitcoin project blocks out Gavin Andresen over Satoshi Nakamoto claims

  • Gavin Andresen took over bitcoin development from Satoshi Nakamoto.
  • Friday 6 May 2016 16.21Â BST Last modified on Friday 6 May 2016 20.43Â BST
  • Bitcoin Foundationâ s chief scientist, who supported Craig Wrightâ s claim to be Satoshi Nakamoto, no longer allowed to make changes to currencyâ s code
  • â When we saw the blog post convinced he found Satoshi, the prudent thing to do was to revoke his ownership of the â bitcoinâ organization on github, under which the Bitcoin Core repository currently lies, immediately,â van der Laan wrote.
  • One of those others, Wladimir van der Laan, wrote on Friday that Andresenâ s ability to make changes to the main code running bitcoin has been revoked.

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@IEAKwame: “Bitcoin project blocks out Gavin Andresen over Satoshi Nakamoto claims”


Chief scientist of the Bitcoin Foundation, who supported Craig Wright’s claim he was Satoshi Nakamoto, will no longer be allowed to make changes to the currency’s code


Bitcoin project blocks out Gavin Andresen over Satoshi Nakamoto claims

Dublin is about to become a hub for the tech that underpins Bitcoin

Dublin is about to become a hub for the tech that underpins #bitcoin #Deliotte

  • The UK may have to accept two more years of austerity if it votes to leave the European Union, according
  • More ” Brexit vote could bring two more years of austerity, IFS report claims
  • Britain could be forced to stomach two more years of austerity if it votes to leave the European Union,
  • Dalton said Deloitte had already worked on 20 different potential applications for blockchain in the broad financial sector spanning everything from payments to customer data.
  • Quotes and other information supplied by independent providers identified on the Yahoo!

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@bitcoinagile: “Dublin is about to become a hub for the tech that underpins #bitcoin #Deliotte”


‘Dublin is about to become a hub for the tech that underpins Bitcoin’ on Yahoo Finance UK. Deloitte is opening a blockchain lab in the city for financial firms trying to come to grips with the technology.


Dublin is about to become a hub for the tech that underpins Bitcoin

Deloitte to develop fintech in Irish ‘lab’, 50 jobs to be created

.@DeloitteIreland join @Infosys in locating blockchain R&D centre in Dublin #fintech

  • Tech recruitment company Harvey Nash has announced the creation of 100 new jobs in…
  • Forecourt retailer Maxol is to create 50 new jobs in…
  • Michael Cogley Forecourt retailer Maxol is to create 50 new jobs in Mayo after a €2m investment that will see the firm restore its station on Newport Road and open a new outlet in Castlebar.
  • Deloitte to develop fintech in Irish ‘lab’, 50 jobs to be created
  • Paul Jacob, managing director of Smart Storage, which is creating 60 jobs in Ireland

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@supergingerdave: “.@DeloitteIreland join @Infosys in locating blockchain R&D centre in Dublin #fintech”


Dublin has been selected to become a base for developing services using new blockchain technologies by Deloitte, the professional services and consulting firm.


Deloitte to develop fintech in Irish ‘lab’, 50 jobs to be created