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NEWS

California Lifts Ban on Bitcoin

02.07.2014

California lawmakers approved a bill Monday that lifted an outdated ban on the use of bitcoin and other alternative currencies, as more states seek to clarify and revise virtual currency laws. Technically, all transactions using digital or alternative currencies had been illegal in California until Monday AB 129, which California’s Governor Jerry Brown had signed on Saturday, will ensure that “various forms ...

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The pause mode in Russia was canceled

02.07.2014

The pause mode in Russia and CIS countries was canceled beforehand. It was expected at first that it will continue from 24th of April till 10th of July, but the system development allowed cutting it for 3 weeks. Unlike the situation in 2013, was chosen a more smooth exit mode, in order to protect the system from different kind of ...

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Argentina on the Brink of Default

02.07.2014

A US court has ordered Argentina to payback $1.3 bn to NML and Aurelius Capital Management, reports Euronews. That is 100% of their investment in Argentinian debt when the country went bankrupt in 2001. Argentina agreed with 93% of its bondholders on a debt restructuring in 2005 and 2010. However the others, including the two US hedge funds, refused to ...

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