Search Results: test Digital Currency

Payment Across Apps—and Borders

Digital currencies like Bitcoin seem tailor made for social peer-to-peer payment applications.  Transactions denominated in or convertible to digital currency could be withdrawn and transmitted by users at virtually no cost—only a small transaction fee.  Digital currency can then be converted using a myriad of exchanges, which navigate banking regimes….

Read More

CFTC Takes First Action Against Virtual Currency Options Trading Platform

On Thursday, Sept. 17, 2015, the U.S. Commodity Futures Trading Commission (CFTC) issued an Order against San Francisco-based Coinflip and its chief executive officer, Francisco Riordan, to resolve allegations that Coinflip conducted activity related to commodity options transactions without complying with the Commodity Exchange Act (CEA) and CFTC Regulations. Specifically, the CFTC…

Read More

Digital Currency to the Rescue: Bitcoins as Solution to Greek Capital Controls

This week Cubits.gr and BTCGreece began a partnership aimed at providing a solution to Greek capital controls. Part of that solution entails supporting voucher payments backed by bitcoin and installing one thousand Bitcoin ATMs throughout the country. Cubits, a UK Registered company founded in 2014, is a Bitcoin platform where…

Read More