Bitcoin Picks: US Regulator Gets Heavy-Handed and Issues Fine against Bitcoin Exchange
by
Adil Siddiqui
News of Microsoft joining the Bitcoin band-wagon adds light to the virtual currency sector despite regulatory fines for a provider of multiple unauthorised exchanges in the US.
Virtual currencies welcomed the acceptance of bitcoins by one of the largest corporates on the planet, thus supporting the wider campaign of acceptance for the disputed asset class. Also, a further fine for an unregulated provider coupled with some new partnerships made for another eventful week in the world of digital currencies.
One of the world's most recognised technology brands, Microsoft, added a new payment method to its website. Details showed that the firm had indicated on its Payments page that it will accept bitcoin to top up a Microsoft account. Bitcoin funds can then be used to purchase apps, games and videos for its Windows, Windows Phone and Xbox systems.
Dutch Provider Extends European Foothold in Romania
Coinzone, an Amsterdam-based Bitcoin payment solutions provider, has recently forged two partnerships that are expected to benefit the adoption of Bitcoin in Romania. The new partnership supports the development among retailers in the developing country.
CoinDesk reports that LocalBitcoins, one of the more popular traditional services for users looking to exchange bitcoins, has suspended its services in Germany. Reports state that Bafin had contacted the provider.
A California man, Ethan Burnside, has been fined a total of $58,387.07 by the Securities and Exchange Commission (SEC) for breaching securities regulations through his operation of several digital currency platforms. Burnside is believed to be involved in the timings of three separate venues, including LTC-Global Virtual Stock Exchange, which offered shares in LTC-Global for litecoin. BTC Virtual Stock Exchange, a bitcoin-denominated securities exchange and LTC-Mining, which sold bitcoin and litecoin-denominated “LTC mining bonds.”
Virtual currencies welcomed the acceptance of bitcoins by one of the largest corporates on the planet, thus supporting the wider campaign of acceptance for the disputed asset class. Also, a further fine for an unregulated provider coupled with some new partnerships made for another eventful week in the world of digital currencies.
One of the world's most recognised technology brands, Microsoft, added a new payment method to its website. Details showed that the firm had indicated on its Payments page that it will accept bitcoin to top up a Microsoft account. Bitcoin funds can then be used to purchase apps, games and videos for its Windows, Windows Phone and Xbox systems.
Dutch Provider Extends European Foothold in Romania
Coinzone, an Amsterdam-based Bitcoin payment solutions provider, has recently forged two partnerships that are expected to benefit the adoption of Bitcoin in Romania. The new partnership supports the development among retailers in the developing country.
CoinDesk reports that LocalBitcoins, one of the more popular traditional services for users looking to exchange bitcoins, has suspended its services in Germany. Reports state that Bafin had contacted the provider.
A California man, Ethan Burnside, has been fined a total of $58,387.07 by the Securities and Exchange Commission (SEC) for breaching securities regulations through his operation of several digital currency platforms. Burnside is believed to be involved in the timings of three separate venues, including LTC-Global Virtual Stock Exchange, which offered shares in LTC-Global for litecoin. BTC Virtual Stock Exchange, a bitcoin-denominated securities exchange and LTC-Mining, which sold bitcoin and litecoin-denominated “LTC mining bonds.”
Hargreaves Lansdown Attracts 34,000 Net New Clients, Up 48%
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
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#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
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20-22 MAY 2024
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#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
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#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
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