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Mark Karpeles Mt. Gox creditors are trying to get the owner of the bitcoin exchange, Mark Karpeles, to come to the US for questioning in regards to fraud and the collapse of his company. A US judge was asked to order Karpeles to return to the US by Gregory Greene and Joseph Lack....

A month after American Senator Joe Manchin called Bitcoin “disruptive to our economy,” the senator has turned over a new leaf. Joe Manchin Changes His Mind About Bitcoin In an interview with the Washington Post, Manchin said that the recent efforts made by the IRS to tax Bitcoin...

The Bitcoin Foundation has acknowledged and responded to the decision set forth by the IRS bitcoin ruling. With bitcoin being looked at by the Internal Revenue Service, bitcoin gains more legitimacy in the eyes of the government and the public. However, though the foundation...

IRS: Bitcoin is Property Bitcoin has been ruled to be treated as a property, rather than a currency by the Internal Revenue Service. Bitcoin expert Tyson Cross claims that this will burden bitcoin enthusiasts significantly. The new ruling will enforce that all bitcoin...

European Union Bitcoin Warning On Monday, the head of the European Union’s police agency issued a warning that digital currencies are being used for money laundering purposes. Police were given authority to identify Internet criminal suspects. Warnings have previously been...

Coinsetter New York-based bitcoin platform Coinsetter has enhanced their operations with some new features. The Coinsetter team has worked tirelessly to adhere to suggestions made by users. According to the company’s blog, their statement reads: “We’re confide...

Rumored Bitcoin Ban The value of bitcoin continues to fall as just this week, the price of the digital currency was over the $600 mark. Today, each bitcoin is currently worth approximately $580. Some are linking the recent slip to a news report about China planning a bitcoin ban,...

According to the Boston Globe, regulators in Massachusetts issued a warning about the potential risks of Bitcoin and other digital currencies. This Bitcoin warning came after the installation of the second Bitcoin ATM in Boston. Massachusetts Bitcoin Warning The Office of...

According to the United States Treasury Department’s official dealing with money laundering, having governmental regulation and supervision placed on digital currencies will be advantageous because it will add credibility to the market. David S. Cohen, the undersecretary for...

Cyprus joins the worldwide evaluation on Bitcoin and has recently given its input on the digital currency. According to incyprus, the Central Bank and the Ministries of Finance and Commerce have just issued a Bitcoin warning to the public. Warning Issued Against Bitcoin in Cyprus...