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Why China’s Central Bank Took the Regulatory Lead on Bitcoin

BEIJING | By Liu Xiao via Caixin | The People’s Bank of China is the first regulator in the world to issue rules on the virtual currency, a move that prevents a Bitcoin breakthrough. Apparently, what really concerns the central bank is bitcoins replacing the yuan.

Bitcoin That New Toy for Dummies

Bitcoin, The New Toy for Dummies

MADRID | By Luis Arroyo | Bitcoin is increasingly present everywhere: newspapers, books, all over the Internet… and everybody seems to be infatuated with this new currency. However, it isn’t as fabulous as they make us think. It’s tricky and it could endanger even more the already damaged global economies.

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“Bitcoin makes e-commerce much easier than credit cards”

NEW YORK | An encrypted virtual currency traded over the Internet that can be purchased through online exchanges using real money. Four years ago bitcoin seemed like sci-fi but today it is already a 1-billion-dollar market. And many businesses are accepting it as a payment currency. Anthony Gallippi is CEO of BitPay, an Atlanta based Payment Service Provider (PSP) specializing in eCommerce, B2B, and enterprise solutions for virtual currencies. He explained to The Corner how BitPay enables companies to jump on the bitcoin bandwagon.