by JD Lasinger | Dec 24, 2013 | Bitcoin
Beast Options has announced that they will accept Bitcoin as a currency for Deposits and Withdrawals. They are the first broker in the industry to take this step. Bitcoin is the most popular virtual currency having reached a price level of over $1100 per Bitcoin in...
by JD Lasinger | Aug 29, 2013 | Bitcoin
Money Laundering Laws Apply to Crypto-Currency The main US Money Laundering Regulator, FinCEN, recently told a Bitcoin trade group that they must adhere to all rules that apply to any financial institution. This clarified a March 18 ruling by FinCEN stating that...
by JD Lasinger | Aug 15, 2013 | Bitcoin
Last week US Federal judge Amos Mazzant ruled in favor of the SEC in a case against Trendon Shavers who ran the Bitcoin Savings and Trust of Texas (BTCST). Shavers took in $4.5 million in Bitcoin from investors, promising a 7% return. The SEC alleged that Shavers was...