Authorities

Jonas Schnelli on Why Chosen Authorities May Not Be Great for Bitcoin

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Bitcoin Core contributor Jonas Schnelli was just recently featured in a panel conversation about improvements to Bitcoin at the 2016 MIT Bitcoin Expo. During the Q&A portion of the panel, an audience member asked the individuals about the previous discussion by the World Bitcoin Network’s James D’Angelo where he articulated the idea of changing miners […]

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Overstock Invests in Bitt to Launch Authorities Digital Currencies in the Caribbean Islands

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Overstock announced a tactical investment in Bitt, a Caribbean-based fintech business whose goal is to persuade Caribbean island nations to adopt digital national currencies. The financial investment was revealed at a media conference in Barbados hosted by Avatar Capital, which bought Bitt, and participated in by representatives from both Bitt and Overstock. Politicians and dignitaries

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Bank of England Authorities Discusses Ramifications of Central Bank Digital Currencies

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Deputy Guv of the Bank of England Ben Broadbent has spoken up on the ramifications of a main bank digital currency (CBDC) for the financial system as we understand it.In Broadbent’s lecture at the London School of Economics on March 2, he concentrated on exactly what a reserve bank digital currency might look like, and

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U.K. Authorities Arrest Six Teens For DDoS Attacks; Teenagers Paid With Bitcoin

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The U.K.’s National Crime Firm (NCA) detained six teens for supposedly using a Distributed Rejection of Service (DDoS) device to disable websites. DDoS attacks flood servers or sites with enormous amounts of information, making them unattainable to users. The NCA coordinated the investigation, Operation Vivarium, with assistance from officers from numerous authorities forces. The suspects

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Swiss Tax Authorities Confirm that Bitcoin is VAT-free in Switzerland

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Bitcoin Association Switzerland reports that, inning accordance with the Swiss Federal Tax Administration, no BARREL puts on bitcoin in Switzerland. The transfer of bitcoin doesn’t constitute shipment of items or services, and therefore it’s not subject to BARREL. “This is the most sensible method to categorize bitcoins in the context of VAT, and we are

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