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New York City’s finance department is exploring alternative payment methods for parking tickets, of which the city issues eight to 10 million annually. MarketWatch reports that the city has issued a Request for Information (RFI), due January 15, that is soliciting information...

On Friday, Charlie Shrem was sentenced to two years in prison for indirectly helping to transfer $1 million in Bitcoins to the online black-market bazaar Silk Road, report several media outlets. US District Judge Jed Rakoff also ordered Shrem – a former vice chairman of the...

On December 18, Benjamin Lawsky, superintendent of the New York State Department of Financial Services (NYDFS), announced revisions to the proposed special banking license – known as BitLicense – that his department introduced in the summer to regulate cryptocurrency. In a speech...

On December 9, Ziftr, a New Hampshire-based company that aims to revolutionize the online shopping experience with a suite of tools, applications, and products, announced the presale of its own cryptocurrency: ziftrCOIN. The coin is designed to bring on board the next 10 million...

The US Commodity Future Trades Commission (CFTC) announced Monday it is seeking public comment on related applications LedgerX submitted to the CFTC this fall for registration as a derivatives clearing organization and a swap executive facility. When it reported in October on...

Butterfly Labs, a Kansas-based Bitcoin mining company that was shuttered under a federal complaint, will soon resume full operations under a judge’s order, reports the Kansas City Star. US District Judge Brian C. Wimes had ruled that Butterfly Labs be shut down in September after...

YesToBitcoins, a Canadian startup dedicated to helping consumers conduct Bitcoin transactions, announced Monday that users can now pay their Canadian credit card bills using the digital currency. “The idea came from asking, why can’t I use Bitcoins to pay my credit card bill?,”...

Time Inc. announced this morning it has become the first major magazine publisher to accept payments in Bitcoin, following a partnership with Coinbase. The media company said the initiative launched today with its titles Fortune, Health, This Old House, and Travel + Leisure now...

In a company blog post published last week, Jeremy Allaire, CEO of the digital-currency firm Circle, announced the company has recruited former JP Morgan executive Paul Camp as its new Chief Financial Officer, Corporate Treasurer, and EVP of Financial Operations. “Paul’s...

Living Room of Satoshi (LRoS) issued a press release today stating it has reopened for business after ceasing operations for two months because of “recently introduced unfavourable tax laws.” The Brisbane, Australia-based startup, which allows users to pay bills in Bitcoin,...