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There’s gold in them there hills… how to acquire bitcoins
Following on from the last ‘blog about Bitcoins, I spoke to a Bitcoin user and enthusiast to get the low down on acquiring, using and losing Bitcoins. Getting your hands on a Bitcoin is easier now than...
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The launderer’s new clothes
Since I began research into virtual, digital or crypto-currencies, media coverage of how they are used — to buy cars and cufflinks as well as malware and heroin — is generating interest in the...
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Crypto: Iceland to adopt crypto-currency, while hackers attack Bitcoin and NY...
In the face of economic ruin while tied to fiat currency, Iceland has opted to dole out crypto-currency to its citizens, in a bid to reinvigorate the economy. On March 25th 2014, Iceland will being to...
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Crypto-currency: Lakota Nation set to launch Mazacoin
A brand new crypto-kid on the block, Mazacoin, is set to launch on 22 February 2014. Unlike bitcoin, litecoin and other crypto-currencies, Mazacoin is billed as the official currency of the Traditional...
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Crypto: What does the Mt.Gox closure mean?
The cyber attack yesterday which closed Mt.Gox, the heretowith largest bitcoin exchange, has realised some of the concerns felt by Compliance and AML specialists. What will you tell clients who lose...
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Crypto-currencies, hawala and the spectre of terrorist financing
A new protocol which is based on the chain of trust system used in hawala has been developed and it has the potential to empower people to transact pretty much anything they want to someone else,...
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Video: Scottish store drops GBP for XBT, financial inclusion in action
A high-street shop in Scotland has banned the use of pounds sterling in its store, and is only allowing customers to use bitcoin (XBT1=GBP261.80) – for three days starting on May 13th. The store in...
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Bitcoin keeps on turning, AML standards body pays attention
And we’re rolling, rolling, rolling on a river… OK so, it doesn’t scan brilliantly, but any fans of crypto currency and/or Tina Turner will get the joke. The Financial Action Task Force (FATF) has...
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Will Asian investors trade their gold for bitcoin?
Recent overlaps between gold markets and crypto-currencies are causing a few waves in the digital currency world and as Asian gold imports continue at pace, investors in the region will be keeping an...
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Bitcoin foundation sues for common sense in Florida laundry sting trial
Back in February, Florida police officers posed as money launderers hoping to wash cash by buying bitcoin (BTC) from two men they found on an on-line bitcoin marketplace. Officers arrested the man and...
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