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The Daily: Crypto-Skeptic Professor to Speak at US Senate, Coinmama Adds SEPA

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The Daily: Crypto-Skeptic Professor to Speak at US Senate, Coinmama Adds SEPA

In today’s edition of The Daily we cover stories about a well known economics professor and outspoken crypto-skeptic who is going to speak about the subject at the U.S. Senate, bitcoin-buying service Coinmama adding support for SEPA bank accounts holders, and more.

Also Read: Regulations Roundup: Crypto-Intermediaries in France, SEC Deadline for Rejected ETF Commentary

Crypto-Skeptic Professor to Speak at US Senate

The Daily: Crypto-Skeptic Professor to Speak at US Senate, Coinmama Adds SEPARenowned economics professor Nouriel Roubini (commonly known as Dr. Doom) is set to tell American politicians about all the ills he sees in the cryptocurrency ecosystem. The Senate Banking Committee lists him as a witness at a hearing on “Exploring the Cryptocurrency and Blockchain Ecosystem” to be held Thursday, October 11.  Read more...

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Abra Supports SEPA Bank Transfers, Enabling Crypto Purchases With Fiat

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Abra Supports SEPA Bank Transfers, Enabling Crypto Purchases With Fiat

Abra, the all-in-one digital wallet and cryptocurrency exchange, has announced its support for Single Euro Payment Area (SEPA) bank accounts. European users can now enable direct wire transfers from European banks to purchase any of Abra’s 28 available cryptocurrencies.

Founded in 2014, Abra is working toward providing users with maximum privacy and control. The application is non-custodial, and the wallet’s private keys are never held by anyone other than the actual user. Abra employs no middlemen, ensuring customer funds are never touched, managed or viewed by outside parties. Past and present investors in Abra include American Express Ventures, First Round Capital, Arbor Ventures and RRE Ventures.  Read more...

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Clearing and Settlement Agency Stet Wants Faster Payments

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Traditional financial institutions are struggling to remain relevant in this day and age of mobile and cashless payments. Credit cards are becoming even more common, yet that payment method is not without its flaws.  Most of the mobile payment solutions are built on top of an existing financial infrastructure, but once clearing and settlement agencies start to build their own instant payment platform, you can be sure the game is afoot.

Make sure to read: Fintech Companies Leapfrog Banks To Offer Faster Payments  Read more...

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CoinCorner Bitcoin Exchange Adds EUR and SEPA Support

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Despite Europe being far more open to the idea of Bitcoin and other virtual currencies, there are still quite a few hurdles to overcome when purchasing Bitcoin for the very first time.  There are already various exchange platforms available to European customers, but having more competition in this market can only be beneficial in the long run.  CoinCorner, a reputable Bitcoin exchange based in The Isle of Man, has now expanded their services to European customers.  Read more...

This is a preview of CoinCorner Bitcoin Exchange Adds EUR and SEPA Support. Click Here To Read the full post

Virtual Currency Exchange Laissez Faire Legal in US States, Ignores New York Market

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Operating a Bitcoin exchange in the United States has become a bit of a hassle lately, as various states are in the process of creating a regulatory framework for virtual currencies.  As a result of this impending regulation, Bitcoin exchange operators will have to apply for specific money transmitter licenses, which are not cheap.  But anything is possible, as the Laissez Faire exchange platform has demonstrated.

Laissez Faire is Legal in 49 US States Right NowBitcoin Exchange

Over the past few months, there has been a shakeup of Bitcoin exchanges willing to pursue specific operating licenses.  Ever since the BitLicense regulatory framework was announced, multiple exchange platforms have halted their services in the New York state area, whereas a handful of others are pursuing their licensing requirements.  Read more...

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Anycoin Direct, Kraken & Safello Issue Statements on Sparkasse Reversing Bitcoin-related Bank Transfers

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In the light of recent issues with Sparkasse, an Austrian and German bank branch which seems to freeze and reverse bank transfers from users who want to purchase Bitcoin from exchanges, we reached out to several exchange platforms to ask whether or not they experience these issues. So far, we have received official statements from Anycoin Direct, Kraken and Safello.

Anycoin Direct Statement & Interview with Bram Ceelen

JP : Bram, thank you for taking the time to answer some questions for us. I know you guys must be incredibly busy at this point in time. Is this the first time Anycoin Direct experiences these kinds of issues with the Sparkasse bank?  Read more...

This is a preview of Anycoin Direct, Kraken & Safello Issue Statements on Sparkasse Reversing Bitcoin-related Bank Transfers. Click Here To Read the full post

Bitcoin exchange Anycoin Direct offers fast payment methods

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After having received many positive reactions from their customers Anycoin Direct has analysed the possibilities of offering additional payment methods to their customers. In order to improve the access to the platform for their customers, Anycoin Direct will now also accept SOFORT and online bank transfers.

SOFORT is available in Germany, Austria, Switzerland, Belgium, Italy and Slovakia…
Due to SOFORT’s wide acceptance, this payment method can be used by more than 12 million people. Online Bank Transfer (OBT) is provided by the Skrill-Group and is being supported by almost all the German, Austrian, Italian, Swiss and Spanish banks.  Read more...

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Anycoin Direct Makes Bitcoin Available All Over Europe

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Veghel, Netherlands – September 23, 2014 – Anycoin Direct has created a platform that makes Bitcoin available for everyone around Europe.

Anycoin Direct is a Dutch Bitcoin company that sells Bitcoin and other cryptocurrencies, which started out in April 2013 under the name Bitplaats. Bitplaats soon became a trusted and appreciated partner on the Dutch Bitcoin market. We are among the cheapest Bitcoin vendors in the Netherlands and, just like the cryptocurrency market itself, we are always on the move changing for the better. As a result, Anycoin Direct has already traded over 25.000 Bitcoin.  Read more...

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