Malleya Stripe

All eyes will be on BlackCoin in May as the altcoin makes a decidedly raunchy entrance to Wall Street. It was announced today on Bitcointalk that on 29 or 30 May, “50 attractive women” all wearing black will converge on New York’s main financial district in support of the new BlackCoin Card, heralded by its creator as “a new approach to storing and transporting your blackcoins safely”.

Why don’t people trust Bitcoin? Why should you wait to buy? When talking about crypto currencies, we often hear such words as “mining” or “hash” that leave most people scratching their heads. So we decided to see which aspects present a roadblock for cryptocurrencies on their path into the mainstream.

The Bitcoin ATM phenomenon is growing at a rapid pace. Bitcoin ATMs allow clients to convert dollars into their Bitcoin account or withdraw cash from their Bitcoin wallet, without the kinks that come with online transactions. As news pours in daily of the technological advances in Bitcoin ATMs, skeptics of the electronic currency will find it harder to argue with the cheaper models, improved safety, and overall convenience of the machines. Here is a tutorial on the who, what, when, where, and wow of the Bitcoin ATMs popping up across the globe.

The Internet Party, an unregistered political party in New Zealand founded by German-Finnish entrepreneur Kim Dotcom, earlier this year, has made clear that, along with cheaper internet and more tech jobs, the party wants to introduce a cryptocurrency for international transactions that would work in parallel with the existing New Zealand dollar.

On Tuesday night, the Vice President of the St. Louis Fed, David Andolfatto, presented a report titled BitCoin and Beyond: The Possibilities and Pitfalls of Virtual Currencies, referring to the crypto-currency as a “stroke of genius”.

The Clean Water Coin Initiative is the first ever coin designed and developed to be a nonprofit organization. What does that mean? We are a registered Nonprofit Organization and we’ve created a Crypto Charity and coin that lets a community actively participate in helping provide clean water. To do that we’ve teamed up with CharityWater.org so that we can create campaigns and raise funds for clean water projects.

I was in Brussels this week for a “private sector consultative forum” organized by FATF, the Financial Action Task Force. FATF is an inter-governmental body established in 1989 “to set standards and promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system.”