Category Archives: News

Bank of England

Bank of England writes about digital currencies

In the Bank of England’s quarterly bulletin, monetary analysts have written about digital currencies which they define to include Bitcoin, Litecoin and Ripple. Their assessment is that digital currencies have gained their popularity from being an asset class rather than a means of exchange. They suggest that currencies like Bitcoin should be seen more like gold than like money.

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MtGox Protest

Brit ends MtGox protest

Kolin Burges, a Bitcoin trader from London has ended his protest outside the MtGox offices in Tokyo. For almost three weeks he has been camped out outside their office trying to find out what has happened to the bitcoins he had deposited on the MtGox exchange. During his protest he has been joined by Japanese, American and Australian customers also wanting to find out what has happened to their deposits.

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