This Opinion piece looks at what the author argues is the risky, even fad-like, nature of the new virtual currency called Bitcoins.
One technology executive predicts mobile banking users will soon eclipse online banking users.
Backers of virtual currency announce deals, push for this Friday after Thanksgiving.
Virtual currency topic of Homeland Security committee session next Monday.
Virtual currency poised to get real-world ATMs.
Hot potato, hot potato, who’s stuck with the hot potato?
Startup New Jersey credit union cites field of membership issues in decision on virtual currency. CEO says still interested.
Court documents from May revealed the Department of Homeland Security seized nearly $3 million from a business account at the $2.4 billion Veridian Credit Union in Waterloo, Iowa, over what the DHS said was an unlicensed money transmitting business operated by the business member’s client.
Iowa-based payments innovator included in Bitcoin probe, Bloomberg says, while MIT fetes founder.
Homeland Security alleges Veridian Credit Union account holder Mt.Gox is unlicensed money transmitter.