DGC – Page 21 – — Covering digital currencies, precious metals and online payments

Bits and Pieces 1stAug

Julia Dixon on August 1, 2012

Bitcoin is now on Brazilian regulators radar. Recently the Comissão de Valores Mobiliários, the Brazilian version of the US’s the Securities and Exchange Commission, ordered a Brazilian man to suspend the operations of his investment fund. Leandro César, an IT Consultant from Belo Horizonte, had setup a small (~US$4,500) investment fund denominated entirely in bitcoin. http://www.bitcoinmoney.com/post/28048708075/brazil-bitcoin-securities

Ron Paul’s Audit the Fed bill passes the house http://www.bloomberg.com/news/2012-07-25/fed-audit-bill-opposed-by-bernanke-approved-by-u-s-house.html

Bitcoin continues its international expansion. In May, Bitcoin caught on in China with a 700% volume increase and BitInstant customers in the US, Russia and Brazil were given 700,000 more locations to purchase bitcoins. Now Bitcoin Nordic, a new Denmark based exchange, is looking to expand into the North Africa and the Middle East market by accepting CashU, a popular payment option in the region. http://bitcoinmagazine.net/bitcoin-nordic-brings-bitcoins-to-middle-east-and-north-africa/

Breaking Bitcoin Development News

Julia Dixon on August 1, 2012

I have recently heard, from a seemingly very knowledgeable source, that Bitcoin’s Android client is getting offline abilities. This means a transaction can be completed with only the merchant connected to the internet.

Silver Manipulation Probe to End This Year??

Julia Dixon on July 25, 2012

Well…possibly, “hopefully”, “in the not-too-distant future”, maybe even “in September or October”. This according to a Bloomberg.com article quoting a member of the U.S. Commodity Futures Trading Commission here.

A Brief ‘Prepaid Access’ Update

Julia Dixon on July 20, 2012

I recently sat down to review the ‘prepaid access’ issue and look for any new developments. Here are a few notes on what I found…

Gold Manipulation gains a bit of main stream attention

Julia Dixon on July 18, 2012

Perhaps thanks to the LIBOR scandal, gold market manipulation is beginning to look less like a crazy conspiracy theory and more like reality.

Small gold shops in Vietnam adapt to gold trading ban

Julia Dixon on July 18, 2012

The Vietnamese government recently enacted Decree No 24, which essentially shuts down small gold shops and creates a state monopoly where only state-appointed organizations are allowed to trade gold.

The Canadian Mint does something cool…Kind of

Julia Dixon on July 12, 2012

The Canadian Mint is working on an interesting project called MintChip, described on their web site as “the evolution of currency”.

PayPal Changes its Terms of Service

Julia Dixon on July 12, 2012

It seems that PayPal has changed its terms and now wants to monitor merchants online content to prevent sharing of “illegal content”.

Bits and Pieces from the last few weeks.

Julia Dixon on July 8, 2012

As I have been keeping a close eye on currency news while waiting for the launch of the new blog, I’ve ran across several interesting stories out of Europe.

Hello!

Julia Dixon on June 29, 2012

Welcome to the new Digital Gold Currency Blog!

The goal for the blog is a very simple one, to be the best source of news and information out there for anyone interested in alternatives to fiat.

We will be posting stories on anything and everything that affects the alternative currency industry, from changes in laws and regulations to news on supporting technologies to the increasing turmoil in fiat currencies. And as always, we pursue this goal with a strong commitment to the long term growth of Digital Gold Currency.

In the near future will also be posting work from contributors and will feature a contributors page. If you’ve got something to say don’t be shy! We are always interested in new ideas and options on these topics.

While we would love to hear all your options, we do require readers to register prior to posting comments. This is mostly to avoid an inbox full of spam. For those readers who registered with the old blog, our apologies as some database issues may prevent your old login from working here. We have however attempted to make it quick and easy to register again.

I hope you enjoy the new site!

Cheers,

Julia