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ATM Giant Cardtronics Considers Cryptocurrencies As Threat To Its Business

ATM Giant Cardtronics Considers Cryptocurrencies As Threat To Its Business

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Please share if you find this article interesting. ATM Giant Cardtronics Considers Cryptocurrencies As Threat To Its Business Cardtronics, the world’s largest ATM operator, considers virtual currencies among the major risks to their business, as stated in its latest 10-K annual report. According to the report the company filed with the US Securities and Exchange Commission (SEC), consumer behavior analysis shows a significant shift in preferable payment methods. More customers now choose electronic forms of payment over traditional physical banknotes. “The continued growth in electronic payment methods, such as mobile phone payments or contactless payments, could result in a reduced need for cash in the marketplace and ultimately, a decline in the usage of ATMs,” the company clai
1200 Australian New Agencies Are Selling Fractions of Crypto – Bitcoin News

1200 Australian New Agencies Are Selling Fractions of Crypto – Bitcoin News

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Please share if you find this article interesting. 1200 Australian New Agencies Are Selling Fractions of Crypto - Bitcoin News News Cryptocurrency enthusiasts from Australia now have the ability to purchase the digital assets bitcoin core (BTC) and ethereum (ETH) via regional 1,200 news agencies. Newsagents are using the idea to help declining interest in newspaper and magazines. Also Read: Australian High School to Host Information Night on Cryptocurrencies  Australians Can Now Buy Cryptocurrencies With 1,200 News Agencies Residents from Australia will be able to purchase BTC or ETH with just “$50, and email address and a phone number,” says the financial news outlet the Australian Financial Review (AFR). Agents who provide various newspapers and magazines are trying to ent
Data Company Tracks Crypto-Adoption Using Social Media – Bitcoin News

Data Company Tracks Crypto-Adoption Using Social Media – Bitcoin News

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Please share if you find this article interesting. Data Company Tracks Crypto-Adoption Using Social Media - Bitcoin News Emerging Markets Just recently the audience intelligence company, Pulsar, published a report examining the mainstream adoption of cryptocurrencies. Rather than measure interest using prices, trade volume, and market capitalization the comprehensive study analyzed data using over 5 million mentions across social media September 14, 2017 – January 8, 2018. Also Read: Coinbase Reveals ‘Overhauled’ Changes and Tax Tools Social Media Buzz Consistently Stirs Cryptocurrency Prices In order to study cryptocurrency adoption, the analytical intelligence firm Pulsar has researched the subject in a different way by utilizing mentions across social media platforms. In
Major Dutch Bank Rabobank Exploring Idea Of Launching Own Cryptocurrency Wallet

Major Dutch Bank Rabobank Exploring Idea Of Launching Own Cryptocurrency Wallet

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Please share if you find this article interesting. Major Dutch Bank Rabobank Exploring Idea Of Launching Own Cryptocurrency Wallet Rabobank, a major Dutch bank with €681 bln under management, roughly equal to $838 bln, is looking into options for developing a cryptocurrency wallet within its online banking environment, according to a press release published Feb. 28. The idea of a digital wallet for the bank’s own cryptocurrency project “Rabobit” was offered under the bank’s internal “Moonshot” program. The program encourages Rabobank’s employees to propose innovative ideas which can be further developed by the bank. Although the bank’s official selection of “Moonshot” ideas for actual implementation will be announced in mid-June, Rabobank has already launched a one-page website t
EU Losing Patience – Urges Global Crypto Regulation – Bitcoin News

EU Losing Patience – Urges Global Crypto Regulation – Bitcoin News

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Please share if you find this article interesting. EU Losing Patience - Urges Global Crypto Regulation - Bitcoin News Featured Commissioner for Financial Stability, Financial Services and Capital Markets Union, Valdis Dombrovskis of the European Union (EU), is urging a broader regulatory regime upon cryptocurrencies, and is threatening an EU move especially if there appears to be no global consensus on how to address the decentralized currency phenomenon.  Also read: Bitcoin Futures Regulator Allows Employees to Trade Crypto EU Financial Commissioner Urges Global Crypto Regulation Valdis Dombrovskis, Vice-President of the European Commission, warned, “[Bitcoin] is a global phenomenon and it’s important there is an international follow-up at the global level. We do not exclud
UK Secretary Diane Abbott: If Everyone Used Bitcoin ‘The Whole Thing Would Collapse’

UK Secretary Diane Abbott: If Everyone Used Bitcoin ‘The Whole Thing Would Collapse’

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Please share if you find this article interesting. UK Secretary Diane Abbott: If Everyone Used Bitcoin ‘The Whole Thing Would Collapse’ Diane Abbott, the United Kingdom’s sitting Shadow Home Secretary, said in an interview with The House magazine that Bitcoin “is just a gigantic Ponzi scheme,” and promised that the Labour party, of which she is a member, would regulate it if elected, Express news site reports Friday, March 2. Speaking to The House, Abbott said that Bitcoin could “easily collapse,” stressing her opinion that the UK authorities should clamp down on its spread throughout the rest of the economy. Abbott’s opinion echoes the statement made today by Mark Carney, Governor of the Bank of England, about the need to hold Bitcoin and other cryptocurrencies to the “same stan
Walmart To Implement Blockchain-Based Delivery System

Walmart To Implement Blockchain-Based Delivery System

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Please share if you find this article interesting. Walmart To Implement Blockchain-Based Delivery System The application of US retail giant Walmart to patent its “Smart Package” system has been released by the US Patent and Trademark Office (USPTO) on Thursday, March 1, Fintech Finance reports. Walmart’s “Smart Package” patent employs a Blockchain-based tool to track package contents, environmental conditions, location, and other details. The device described in the application is intended to be used in new technologies like autonomous vehicles and unmanned drones. According to the application, Blockchain will record the "key addresses along the chain” such as “seller private key address, a courier private key address, and a buyer private key address." In the patent application,
Germany Treads Lightly on Bitcoin Taxation – Bitcoin News

Germany Treads Lightly on Bitcoin Taxation – Bitcoin News

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Please share if you find this article interesting. Germany Treads Lightly on Bitcoin Taxation - Bitcoin News Featured Germany is taking a lead within European Union established economies, deciding upon slow regulation when it comes to the world’s most popular cryptocurrency, bitcoin. It will not tax the digital asset as a form of payment, miner rewards escape the sting as well, and even some exchanges will receive exemptions.   Also read: Bitcoin Futures Regulator Allows Employees to Trade Crypto Germany Slows on Taxing Bitcoin Bundesministerium der Finanzen, Germany’s Federal Ministry of Finance, issued a four page document outlining its tax regime regarding bitcoin, VAT treatment of Bitcoin and other so-called virtual currencies. Using a 2015 decision from the European Uni
Company To Link Gold Trade Payment Methods With Cryptocurrency Techniques

Company To Link Gold Trade Payment Methods With Cryptocurrency Techniques

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Please share if you find this article interesting. Company To Link Gold Trade Payment Methods With Cryptocurrency Techniques KaratBank is creating a new Blockchain-based cryptocurrency based on the ancient legacy of gold. Whilst not readily used in trading today, gold has traditionally been viewed as a safe and secure investment. Combining this historical method with the most modern, cryptocurrency, may not seem like a likely partnership. However, a new company is doing just that. KaratBank claim that they take the advantages of gold trading and apply it to cryptocurrency. They highlight that gold is a trusted means of investment worldwide, is limited in quantity (which can push up value) and is also stable in price. By linking each of their KaratBank Coins (KBC) to a physical we...
US: Federal Prosecutors Ask For Forfeiture Of 500 BTC

US: Federal Prosecutors Ask For Forfeiture Of 500 BTC

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Please share if you find this article interesting. US: Federal Prosecutors Ask For Forfeiture Of 500 BTC Federal prosecutors are seeking the forfeiture of more than 500 Bitcoin (BTC) (worth about about $5.5 mln) seized during the investigation of a group producing fake identity documents, according to the Ohio Department of Justice’s March 1 news release. A federal grand jury has indicted four people from Ohio for producing and transferring fake driver’s licenses and ID cards from different states across the US. Along with the BTC, prosecutors are also asking for the forfeiture of more than $8,000 in cash, as well as gold and silver coins and bars equal to around $265,000. If the prosecutors win the case, then the BTC, along with the other listed assets, will be seized by the gov