British university to accept tuition fees in Bitcoin

Last Updated: Wednesday, January 22, 2014, 14:49

A university in the UK has become the first public varsity in the world to allow students to pay their tuition fees with the digital currency Bitcoin.

Swiss banks devise new 'cash' strategies for clients

Last Updated: Tuesday, January 21, 2014, 13:53

As Swiss banks lose their secrecy tag, some bankers here are coming up with innovative ideas to lure rich clients from India and other countries by providing services like 'cash courier' as well as by offering large metal vaults to store currency notes, gold, artworks and other valuables.

The US government's bitcoin bonanza: How, where and when to sell?

Last Updated: Sunday, January 19, 2014, 10:11

Federal authorities hauled in 29,655 units of the digital currency - worth USD 27 million at current exchange rates - through an official forfeiture by Bitcoin this week.

Bitcoin operators resume India operations cautiously

Last Updated: Wednesday, January 15, 2014, 17:11

After suspending their operations for a few weeks amid growing regulatory glare, many bitcoin operators have cautiously resumed courting business from their clients and some new players have also come to fore in India.

World's first insured Bitcoin vault opens in UK

Last Updated: Sunday, January 12, 2014, 18:55

The world's first Bitcoin storage service that insures deposits of the digital currency against hackers and accidental loss has opened in London.

Corporates join bitcoin-brigade to lobby for digital currency

Last Updated: Sunday, January 12, 2014, 15:48

While none of these groups are as yet into bitcoin business, some of them may be interested in setting up their own 'virtual currency' platforms, a senior official said.

Global banking group sees limited future for Bitcoin

Last Updated: Friday, January 10, 2014, 03:49

The online currency Bitcoin has shown unexpected success but its future as a broadly accepted exchange medium is limited, according to a report by a global banking group Thursday.

Bitcoin impact: Laxmicoin seeks regulatory clarity for launch

Last Updated: Tuesday, January 7, 2014, 20:30

There are already close to 70 virtual currencies available across the world with total market valuation of about USD 15 billion (about Rs 90,000 crore), out of which Bitcoin is the biggest with close to USD 10 billion value.

Bitcoin price back above $1,000 as major businesses embrace currency

Last Updated: Monday, January 6, 2014, 15:18

The jump comes on Mt. Gox, the second-largest exchange by volume, following multiple announcements of major businesses accepting the currency.

Bitcoin body advices public to keep off, seeks legal clarity

Last Updated: Sunday, January 5, 2014, 15:07

Against the backdrop of RBI warning the public over highly speculative virtual currencies, a bitcoin traders' body has sought clarity on the legality of the instrument, conceding that this business is extremely volatile and common people should stay away from it.