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Mark Caruso

on 4 May 2015

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Transcript of BITCOIN TODAY

Spanish Bitcoin Community Celebrates Bitcoin's VAT Exemption
Bitcoin hardfork proposed?
Coinbase launches in the UK
MIT to Take Over Funding of Three Bitcoin Core Developers
Regulatory Compliance:

“The FCA has been really great to work with. I think they’re being very forward thinking in this space right now. The UK regulators were very easy to work with and I think are setting a good precedent for how other countries should look at this.”

Compliance through a Banking partnership:

"The CEO explained his company has a banking partner in the EU region (although declined to name it), which agreed to support GBP payments."

0,01 XBT
Montag, 4 Mai, 2015
Vol XCIII, No. 311
In Detail:
Western Union Exploring ‘Pilot Settlement Project’ With Ripple Labs
Source: BitcoinMagazine
Allow 20MB blocks after 1 March 2016
Open Discussion
Trustee Opens Formal Claims Process for Mt Gox Customers
Bitcoin payouts possible via Kraken Exchange

Bitcoin had always been exempt from VAT, but a spokesperson from Spain's tax office, Ministerio de Hacienda, told CoinDesk the decision had been clarified following a question from a bitcoin aficionado.

The confirmation is based on the interpretation of EU VAT Directive 2006/112/CE, which recognises bitcoin as "financial service".
The global remittance giant Western Union might use the digital currency ripple in a pilot program.

Western Union has confirmed it is currently in talks with Ripple Labs, the company behind the digital currency, but details remain scarce.

However, if the program comes to fruition, it would be a landmark moment for ripple and the larger digital currency industry.
Gavin Andresen @GitHub:

Ayako Miyaguchi, Kraken's managing director for Japan, said there is still some misunderstanding as to whether claiming in fiat or bitcoin is preferable.

"There is no advantage to holding fiat over bitcoin, or taking a payout in fiat over bitcoin. Everything is considered in terms of its value in Japanese yen, and everyone will get their pro rata share of that number. There is an advantage with bitcoin, however, when you consider withdrawal fees, which of course will be much lower for bitcoin compared to fiat."
Source: CoinDesk
Source: CoinDesk
"The Digital Currency Initiative is not hosting a development NOR a standards body. [Andresen, Van der Laan and Fields] have accepted positions at the Media Lab to continue developing [Bitcoin core] a community-driven free software project. [...]

The Bitcoin Foundation was never the center of development; the Bitcoin core open-source software project has been the center, and like most open-source software projects, the developers who work on Bitcoin core are supported in many different ways."
Apple co-founder Steve Wozniak has joined a payments company that’s looking to use the blockchain technology, the public ledger behind bitcoin transactions, for its next generation of ATMs.
Source: Pymnts.com
Full transcript