Sep 102014
 

Coinbase leaves out UK Germany

In a major announcement, Coinbase is expanding to 14 countries in all. Up until now, it was only available the US consumers. This is a big development, as Coinbase was always known for being one of the simplest ways to buy Bitcoin (until now that is. Circle is way better!) for the lay man. Coinbase made the right move, as it struggles to be ahead of the competition especially from Jeremy Allaire’s Circle. People in the Bitcoin community put up with a lot of issues with Coinbase, but as the industry evolves, that might be changing. To their credit though, Coinbase has never been hacked or lost user funds.

Here are the list of countries Coinbase is expanding into:
Italy, Spain, France, Belgium, the Netherlands, Austria, Cyprus, Finland, Greece, Latvia, Malta, Portugal, and Slovakia.

What’s interesting is what’s missing: UK and Germany. It is a curious omission, and I am not sure why the UK is missing from the list, considering it is one of the largest Bitcoin markets out there, and London is a major financial and technological hub. Perhaps, if Scotland becomes independent, it would be more amenable to Bitcoin regulation!

Also, Germany is well known to be one of the most Bitcoin friendly nations, which took a stance initially not to regulate the hell out of Bitcoin at least at this stage. Germany also has the second largest Bitcoin nodes in the network, second only to the United States. Certainly, Coinbase would have at least considered Germany seriously.

The list of countries is definitely intriguing to say the least. For instance, they have Finland but not Denmark, Norway or Sweden. They have Latvia and Slovakia but not Estonia or Lithuania. They do have both Cyprus and Greece though.

Any theories out there why UK and Germany, the largest Bitcoin markets outside of the US were left out? Regulation?

Photo Credit: Flickr

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Aug 032014
 
Stellar, a Ripple-Like Coin Launches, Promising Better Distribution

“Stellar is a decentralized protocol for sending and receiving money in any pair of currencies”. Sound familiar? It should, as it’s pretty similar to Ripple, another similar protocol that was heavily criticized for it’s poor distribution strategy (Ripple was 100% pre-mined and then distributed). Stellar might see better reception in the community and succeed where [...]

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Aug 012014
 
Bitshares X Launched with Delegated Proof of Stake (DPOS)

After a much awaited wait, BitsharesX has finally launched. A Chinese firm, DACSunlimited has launched the first version of the Bitshares code, and also honored the Protoshares/Angelshares distribution at 50%/50%. This is big news for the Protoshares community, and will be the first real-life version of the Delegated Proof of Stake (DPOS). The version released [...]

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Jul 012014
 
Expresscoin Expands into Canada

Buying and selling Bitcoin and altcoins has become easier for Canadians, as Expresscoin is set to expand into Canada. Expresscoin will offer crypto currency payments through DebitWay a trusted third party that offers merchants INTERAC Online Payment services, which allow consumers to pay for goods and services online, directly from their own bank account in real time. [...]

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Jun 222014
 
Bitcoin Job Fair in New York City

There’s a Bitcoin job fair for all job-seekers and companies in the Bitcoin/cryptocurrency space on Saturday, June 28th 2014. This event is being organized by the New York Bitcoin Center, which has been hyper-active of late in conducting Bitcoin related events throughout New York City. It was only a matter of time before Bitcoin needed [...]

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Jun 192014
 
Bitgo, a Multisig Wallet, Raises $12 Million Series A Funding

Bitgo, another Bitcoin wallet provider, raised $12 million in Series A venture capital funding. This is good news for startups looking to build the next generation of Bitcoin plumbing for the internet that will truly see the potential of what Bitcoin can do. Bitgo advertises itself as “world’s first multi-signature secure wallet” on its website. [...]

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Jun 172014
 
Bitcoin Conference in Chicago in July 2014

The North American Bitcoin Conference is coming to Chicago on July 19th and July 20th 2014. This is the second North American Bitcoin Conference, the first one being held in Miami. Just like in Miami, the conference promises an exciting ‘pre-party’. Also, remember that Bitcoin has grown a lot in one year, and the conference in [...]

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Jun 152014
 
Hester Street Fair Bitcoin Opening

Hester Street Fair has attracted some of the best small local businesses, artisans and artists in New York every Sunday to New York’s lower east side. It has everything from delicious food to vintage jewelry to modern fashion. For this season, Hester Street Fair has transformed into NYC Bitcoin Fair. All the vendors there now accept [...]

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