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When will bitcoin be legal to buy and sell in Canada?

The Canadian government has been quietly moving to legalize virtual currencies such as bitcoin and ltc, but some of those regulations may be complicated.In a new report, a group of international academics and researchers say the Canadian government should be doing a much better job of preparing regulations for virtual currencies.“There is still a long […]

What’s next for virtual currency? – Recode

The future of virtual currencies is looking bright.On Tuesday, the Commodity Futures Trading Commission (CFTC) announced that it has approved virtual currencies for trading on the New York Stock Exchange (NYSE).The decision comes after a lengthy regulatory process.CFTC Chairwoman Mary Jo White said the agency has approved digital currencies like Bitcoin and Ethereum to be […]

What are bitcoins and why are they valuable?

The virtual currency bitcoin is a peer-to-peer cryptocurrency, but its value is measured in dollars, not the pound.According to bitcoin price-visualizing service Bitcoin Price Visualizing, the virtual currency has a market cap of $20.9 billion, or just shy of the $30 billion in total market capitalization.The market cap has doubled in the past year to […]

How to buy Bitcoin at a virtual currency exchange

A new Bitcoin-exchange site is now accepting bids on virtual currencies such as Bitcoin, Ethereum and Litecoin, raising hopes that the virtual currency will be accepted in the future.The Virtual Currency Exchange (VCE) launched in the US on Monday.Its site says that bids will be accepting from Monday, September 12th at 8am Pacific time.The bid […]

The big winners in virtual currency business

New research from Amazon, Microsoft and Microsoft Corp. suggests the virtual currency industry is worth $3.2 trillion, and it’s growing faster than the overall economy.It’s the latest evidence to show the boom in the virtual world is fueling the broader economy.Amazon says the value of virtual currencies is worth an estimated $2.5 trillion, Microsoft estimates […]

How Bitcoin is reshaping finance and investing: A primer

The virtual currency bitcoin has exploded in popularity in recent years.But what exactly is it, how does it work, and how will it impact financial markets?The first Bitcoin was created in 2009.The first bitcoin is a digital asset that exists independently of any person or company.The value of bitcoin has increased exponentially since then.Bitcoin is […]

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