Digital currencies like bitcoin have proven to be quite troublesome for an array of countries all over the world. Central banks and federal governments have repeatedly issued statements and officials have either celebrated or decried the virtual currency. The latest is a minister from … [Read more...]
Bank of Montreal shuts down bitcoin-related business accounts in Canada
The Bank of Montreal (BMO) has become the first financial institution in Canada to take action against bitcoin (BTC). It was confirmed by Cointrader co-founder and CTO Paul Szczesny in a press release that the bank would be closing down all bitcoin-related business accounts across the … [Read more...]
Cryptocurrencies Creating Jobs in Third World Countries
With the growing popularity and acceptance of cryptocurrency, digital currencies have now become more than just currency or an electronic payment system. Virtual currencies, according to a news release, are now producing jobs in Madagascar. In just two days, individuals donated … [Read more...]