Bitcoin Picks: US Regulator Gets Heavy-Handed and Issues Fine against Bitcoin Exchange
Saturday,13/12/2014|15:06GMTby
Adil Siddiqui
News of Microsoft joining the Bitcoin band-wagon adds light to the virtual currency sector despite regulatory fines for a provider of multiple unauthorised exchanges in the US.
Virtual currencies welcomed the acceptance of bitcoins by one of the largest corporates on the planet, thus supporting the wider campaign of acceptance for the disputed asset class. Also, a further fine for an unregulated provider coupled with some new partnerships made for another eventful week in the world of digital currencies.
One of the world's most recognised technology brands, Microsoft, added a new payment method to its website. Details showed that the firm had indicated on its Payments page that it will accept bitcoin to top up a Microsoft account. Bitcoin funds can then be used to purchase apps, games and videos for its Windows, Windows Phone and Xbox systems.
Dutch Provider Extends European Foothold in Romania
Coinzone, an Amsterdam-based Bitcoin payment solutions provider, has recently forged two partnerships that are expected to benefit the adoption of Bitcoin in Romania. The new partnership supports the development among retailers in the developing country.
CoinDesk reports that LocalBitcoins, one of the more popular traditional services for users looking to exchange bitcoins, has suspended its services in Germany. Reports state that Bafin had contacted the provider.
A California man, Ethan Burnside, has been fined a total of $58,387.07 by the Securities and Exchange Commission (SEC) for breaching securities regulations through his operation of several digital currency platforms. Burnside is believed to be involved in the timings of three separate venues, including LTC-Global Virtual Stock Exchange, which offered shares in LTC-Global for litecoin. BTC Virtual Stock Exchange, a bitcoin-denominated securities exchange and LTC-Mining, which sold bitcoin and litecoin-denominated “LTC mining bonds.”
Virtual currencies welcomed the acceptance of bitcoins by one of the largest corporates on the planet, thus supporting the wider campaign of acceptance for the disputed asset class. Also, a further fine for an unregulated provider coupled with some new partnerships made for another eventful week in the world of digital currencies.
One of the world's most recognised technology brands, Microsoft, added a new payment method to its website. Details showed that the firm had indicated on its Payments page that it will accept bitcoin to top up a Microsoft account. Bitcoin funds can then be used to purchase apps, games and videos for its Windows, Windows Phone and Xbox systems.
Dutch Provider Extends European Foothold in Romania
Coinzone, an Amsterdam-based Bitcoin payment solutions provider, has recently forged two partnerships that are expected to benefit the adoption of Bitcoin in Romania. The new partnership supports the development among retailers in the developing country.
CoinDesk reports that LocalBitcoins, one of the more popular traditional services for users looking to exchange bitcoins, has suspended its services in Germany. Reports state that Bafin had contacted the provider.
A California man, Ethan Burnside, has been fined a total of $58,387.07 by the Securities and Exchange Commission (SEC) for breaching securities regulations through his operation of several digital currency platforms. Burnside is believed to be involved in the timings of three separate venues, including LTC-Global Virtual Stock Exchange, which offered shares in LTC-Global for litecoin. BTC Virtual Stock Exchange, a bitcoin-denominated securities exchange and LTC-Mining, which sold bitcoin and litecoin-denominated “LTC mining bonds.”
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
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