BTC China restores Bitcoin-Renmibi trading

BTC China, the biggest bitcoin exchange in the world, has begun allowing users to buy the digital currency using Chinese yuan again, just a month after it halted renmibi deposits because of a bank warning.

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Latest Bitcoin crime elicits Nordic Forex bank warning

Bitcoin' chances to get recognition as a legal form of money or payment has been slimmed down again when a top foreign currency in Sweden, SEB AB, denied its clients' requests to open accounts in the bank to manage Bitcoins the latter owned.

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Executives of New York Bitcoin startup arrested for alleged money laundering

Charlie Shrem and Robert Faiella, both executives of New York-based Bitcoin exchange business BitInstant, were arrested for money laundering in connection to the illegal drug transactions on an online black market, according to the Manhattan US attorney.

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Despite drawbacks, Bitcoin and other crypto-currencies slowly but surely making their way to brick-and-mortar stores- report

Despite the limitations experienced by the Bitcoin and other crypto-currencies, HP security and payments expert Slava Gomzin sees the digital currencies making its way to more brick-and-mortar stores.

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Computer retailer TigerDirect accepts Bitcoin as form of payment

Computer and computer-related products retailer TigerDirect has partnered with BitPay to accept Bitcoin as a form of payment for online purchases, a Tom's Hardware report said.

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Japanese restaurant in Pittsburgh accepts Bitcoin

A Japanese restaurant in Bloomfield, Pittsburgh is already accepting the digital currency Bitcoin to pay for Omakase or "chef's tasting menu," a report on Pittsburgh Post-Gazette said.

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OAO Sberbank Chief Gref voices support for Bitcoin

Herman Gref, the Chief Executive of state-run Russian bank OAO Sberbank, has called on the Kremlin to prevent restrictions to the Bitcoin as lawmakers consider curbs, Bloomberg reported.

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US financial leaders caution Bitcoin could be used to fund illegal activities

US Treasury Secretary Jack Lew and JPMorgan Chairman & Chief Executive Officer Jamie Dimon cautioned on the dangers of using the Bitcoin and predicted that regulation would most likely end it, the Financial Times reported.

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US Bitcoin investment fund CoinSeed invests $5M in BitFury mining hardware

After recently closing a $7.5-million funding round, US-based Bitcoin focused investment fund CoinSeed acquired BitFury's specialized Bitcoin mining hardware for $5 million to build one of the biggest cryptocurrency mining infrastructures in the world.

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IT training school in India offers students course on Bitcoin

India-based IT training school Koenig Solutions has offered a four-day program to teach students everything there is to know about the digital currency Bitcoin, ZDNet reported.

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Open source software projects reward programmers with Bitcoin - WSJ

Using Bitcoin as a form of reward to programmers working in open-source software projects is rapidly gaining popularity, a report in The Wall Street Journal Blog Venture Capital Dispatch said.

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Two Las Vegas casinos will start accepting Bitcoin

The D and the Golden Gate casinos in Las Vegas, Nevada will be accepting Bitcoins to pay for goods and services beginning on Wednesday, January 22, RT reported.

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Investors see better, cheaper payment technology potential in Bitcoin- report

Investors see in Bitcoin the potential to provide a payment technology that could undermine the dominance of Visa Inc, Western Union or Citigroup Inc in the industry, Bloomberg reported.

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eBay UK to start allowing sale of Bitcoins on February 10- report

The UK website of e-commerce giant eBay will soon allow the sale of Bitcoins and other digital currencies under the Virtual Currency category, CNET reported.

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South Korean Bitcoin startup raises $400K from Silicon Valley investors

South Korea-based Bitcoin startup Korbit raised $400,000 in funding from several Silicon Valley investors including Tim Draper, Naval Ravikant, David Lee, and Barry Silbert, for the company's growth.

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