Bitcoin & Mobile Messaging Startups Partner to Tap $500 Billion Remittance Market

Bitcoin and mobile messaging have emerged as tools in addressing the global remittance market to lower the cost of transferring funds across national borders. This past spring, KakaoTalk, based in Seoul, South Korea, a chat app, purchased a 40% stake in Satoshi Citadel Industries (SCI), a Manila, Philippines bitcoin startup as reported by Quartz. KakaoTalk […]

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Europol, Interpol Unite to Combat Bitcoin Money Laundering

In an effort to tackle money laundering through virtual currencies like bitcoin, two prominent law enforcement agencies – Europol and Interpol have announced the establishment of a working group. An announcement from late last week has confirmed the establishment of a new working group looking into money laundering with digital currencies. The group is established […]

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Bitcoin Accepted by Futures Trading Brokerage via BitPay

U.S.-based brokerage house Straits Financial LLC will accept bitcoin via payment processor BitPay to become the first U.S.-based Futures Commission Merchant (FCM) to do so. Straits users will now be able to fund their investment and trading accounts with bitcoin. A boutique brokerage house, Straits’ acceptance of bitcoin will allow users to trade assets such […]

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