Jul 012014
 

Expresscoin

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.

Expresscoin was founded in California in 2012 with the goal to make it easy for everyone to buy Bitcoin, especially the unbanked. This is why they have several options currently available in the US to transfer fiat, such as money order or cash deposit – methods that are geared towards people who might not have a bank account (to link to their Coinbase account, for instance).

“With DebitWay, expresscoin is dedicated to providing fast and secure transactions for our customers,” said expresscoin CEO and co-founder Will Wheeler. “We felt it only made sense to offer our safe digital currency retail service through Canada’s most trusted fiat exchange service so Canadian customers can participate in the digital currency economy and experience the same trust and security they have in their fiat exchange service with expresscoin.”

This is a major step for Expresscoin, especially because Canada has recently passed laws specifically targeting Bitcoin companies for regulation. Expanding to Canada gives Expresscoin another layer of legitimacy, since there are more well-defined rules regarding how Bitcoin and cryptocurrencies are going to be regulated in Canada than the US. Expresscoin and Canadian subsidiaries have registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). Currently, Expresscoin will support Bitcoin, Litecoin and Dogecoin but promises to add more cryptocurrencies in the future. It’s one of the easiest ways to buy coins like Doge with fiat without going through an intermediate step of converting fiat to Bitcoin.

Canada is a fast growing market for both consumers and businesses and is taking the lead in several areas in Bitcoin (e.g. Bitcoin ATMs). It’s always good to see businesses trying to expand into Canada and gain a foothold of the market there which is fairly active. Expresscoin seems to be on the right track with this Canadian expansion.

 

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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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Jun 112014
 
Travel Industry is Important for Bitcoin

Today there was interesting news that Expedia has started accepting Bitcoin for hotel bookings. This is an important milestone, as the travel industry is an important one for Bitcoin to crack. It is, I believe, the first step towards Bitcoin usage and adoption by travelers and tourists, a very big industry that would hugely benefit from using [...]

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Jun 082014
 
Another Cryptocurrency Exchange Closes Taking All Depositors' Money

Sharexcoin, a new fledgling cryptocurrency exchange has shut down its doors within one week of operations, taking with it all the cryptocurrencies of the depositors. The exchange was a branch-off of Sharecoin, a new PoS cryptocurrency that was given out to the members of Bitcointalk forum. It is unclear at this stage whether this was [...]

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Jun 052014
 
Consumer Adoption is the Real Challenge for Bitcoin

Gone are the days when everyone in the Bitcoin community cheered whenever a new business started accepting Bitcoin. Today, there are tens of thousands of businesses all over the world that accept Bitcoin, and through gift cards and third party re-sellers, you can pretty much shop anywhere through your Bitcoin. And why wouldn’t businesses accept [...]

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Jun 042014
 
How to Buy Darkcoin: Darkcoin Exchanges

A guide on how to buy Darkcoin through Darkcoin exchanges. Darkcoin has taken the crypto world by storm, with a steady increase in value that has been almost unprecedented in the short history of cryptocurrencies. Darkcoin promises several anonymity features and other innovations that have caught the attention of the altcoin community, causing the price [...]

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