Results for "bitcoin"

CoinYe West is the newest Bitcoin, destroyed in one day

CoinYe West is the newest Bitcoin, destroyed in one day

Users of the crypto-currency called Bitcoin have some competition out in the wild this week in the artist-inspired CoinYe West. This currency, while lovely to look at, will likely never take off the ground due first of all to the fact that their website has been taken off the internet in less than a day after announcement. Second - Kanye West isn't exactly the type of person to let someone else cash in on his name.

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Bitcoin miners do not have to register as money transfer services: ruling

Bitcoin miners do not have to register as money transfer services: ruling

Bitcoin miner Milly Bitcoin has done a little citizen letter-writing, and the results should make virtual currency miners breathe a sigh of relief. Milly Bitcoin's mining company Atlantic City Bitcoin last June wrote to the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) requesting an official administrative ruling on whether ACB must register as a money transfer service. FinCEN has now replied, and the answer is no.

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