MAR 24 DIGEST: NASDAQ-Powered BTC Marketplace Announced, Russia’s Anti-Bitcoin Law Confirmed for 2015

NASDAQ has agreed to provide the New York-based startup Noble Markets the core technology to power a marketplace for trading bitcoins, Russia’s Ministry of Finance is expected to take measures against the usage of monetary surrogates such as bitcoin, and more top stories for March 24.

NASDAQ to Provide Trading Technology for Bitcoin Marketplace

NASDAQ OMX Group Inc, which owns and operates the NASDAQ stock market, has agreed to provide the New York-based startup Noble Markets the core technology to power a marketplace for trading bitcoins and related digital-currency assets. Noble Markets will use NASDAQ's X-stream trading system, which is used by more than 30 exchanges and marketplaces worldwide. NASDAQ will also provide marketing support.

Russian Ministry of Finance: Anti-Bitcoin Law Will Finally Be Passed This Year

Russia’s Ministry of Finance is expected to take measures against the usage of monetary surrogates such as Bitcoin soon. Speaking at the All-Russian Banking Conference, Deputy Minister of Finance Alexey Moiseev stated that the bill proposing penalties for using “monetary surrogates” will become law in 2015.

Moiseev:

“The law, which provides measures for penalizing the usage of monetary surrogates, will finally be passed this year.”

Russian Ministry of Finance: Anti-Bitcoin Law Will Finally Be Passed This Year

Former NYSE CEO Duncan Niederauer Joins Tera Group as Advisory Director

Tera Group, the operator of bitcoin derivatives platform Tera Exchange, has brought on former New York Stock Exchange CEO Duncan Niederauer as Advisory Director. According to Tera Group, Niederauer will draw upon his international experience to offer the company strategic advice and insight on growth strategies, as well provide briefings on global financial trends.

Christian Martin, Chairman and CEO of Tera:

“Our firm operates with the same client-first approach Duncan has shown throughout his impressive career. By providing the management team and clients with his unique global perspective, he will greatly add to the knowledge and experience of our firm.”

ChangeTip Integrates With Online Comment Hosting Service Disqus

Users of blog commenting service Disqus can now tip each other in bitcoin following the company's integration with San Francisco-based micropayments startup ChangeTip. The news of the integration came after Victoria van Eyk, VP community developer at ChangeTip, sent a tip to a commenter on one of CoinDesk's articles.

Steve Roy, VP of marketing at Disqus, said of the integration:

"Disqus is a service that can be integrated with other popular web services. So it's quite common for us to enable an integration like this. We'll watch how this one evolves and adjust for it accordingly."

Paybase’s Josh Garza Refutes Mt Gox Allegation as ‘Aggressive Claim’ Following Week-Long Funds Freeze

Bitcoin-to-altcoin wallet provider Paybase appeared to be in trouble with reports from users that they have been unable to withdraw funds. After withdrawals were suspended without notice for over a week, one reddit user even accused Paybase to have “gone full Mt. Gox.” Yesterday, Paybase CEO Josh Garza broke the silence in a response to a tweet linking to the reddit thread:

“7 days? Full Mt Gox? That's a pretty aggressive claim. Withdraws have already been going out”