The government of Taiwan said no to American firm Robocoin's installation of Bitcoin ATMs in the country because it believes Bitcoins are not real currencies, according to a government officer.
Tags: Bitcoin
You can now pay your taxes to IRS with Bitcoins - report
Paying online purchases with Bitcoin is not something new but paying taxes using the digital currency is and SnapCard is the startup that makes that possible, according to Forbes Contributor Ben Kepes.
Secretive company controls 45pct of emissions of Bitcoins- report
The mining pool GHash.io run by a secretive company known as CEX.io which has links to Ukraine nearly controls 45% of Bitcoin network's processing power, according to a report by Bloomberg View contributor Leonid Bershidsky.
Top 10 predictions for Bitcoin in 2014 - source
The value of the Bitcoin has soared in recent months, but can the technology also help make predictions? A research team from a venture capital firm lists top 10 predictions for the digital currency in 2014.
Singapore spells out tax policies on Bitcoin transactions- report
While other governments have not provided regulations about the digital currency, Singapore has issued regulations about how merchants can manage Bitcoin taxation and related transactions.
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US-based social games maker Zynga is testing Bitcoin payments for in-game purchases in some of its popular titles including FarmVille 2 and ChefVille, and has partnered with BitPay to handle the transactions.
Li Ka-shing, the richest man in Asia, has just invested an undisclosed amount in BitPay, a US-based startup that provides services similar to a PayPal for bitcoins.
Should everything goes as planned, online discount retailer Overstock.com will be the first prominent retailer to accept Bitcoins as payment, The New York Times Bits reported.
Dogecoin, which grew from a satirical meme to Bitcoin to a pseudo-legitimate currency, experienced a big hack today after virtual wallet Dogewallet announced its shutdown of services due to hackers who stole around $12,000 worth of Dogecoins from the site.
As the hype about the Bitcoin dies, a PCWorld report asks if the well for venture funding for the digital currency has come to an end.
A survey from Jana, a mobile platform that connects brands with consumers in the emerging markets, revealed that a good number of respondents from Asian countries know about the Bitcoin.
As common sense begins to sink in, it has become evident that there is no good reason to own Bitcoins, Edward Hadas of Reuters Breakingviews writes.
The Bitcoin's price instability is a reflection of the digital currency's vulnerability to the decisions of government officials, The New York Times The Dealbook reported.
Idea.me, a crowdfunding platform founded in Argentina, now allows people in seven Latin American countries to fund projects and startups using bitcoin in lieu of credit cards and PayPal.
