Applications for the third round of quarterly grants from the Bitcoin Foundation are due this Friday, September 20. Given historical precedent, grants are likely to be given to projects that aid in the development, security and testing of vital bitcoin infrastructure, but are not likely to be commercially viable. Last quarter there was one recipient out of the twenty five project proposals submitted. The grant was given to Coinpunk, an open source software project that enables users to host wallets on servers they control, while also giving them access to their bitcoin via a web portal. This enables people to …
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Representatives from the Bitcoin Foundation spent the beginning of this week on Capital Hill representing the bitcoin community to federal policy makers and law enforcement. After meeting with nearly a dozen federal agencies on Monday, yesterday served as an opportunity to interface with legislators. The team met with congressional staff from the offices of five legislators across both the Senate and House of Representatives. With Congress currently in recess, the Foundation capitalized on a rare opportunity to speak at length with government officials, whose schedules are often lighter between sessions. The timing apparently worked to their advantage, as they were …
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Aug 28, 2013
Posted
News, Regulatory, Uncategorized
Tagged Bitcoin Foundation, Patrick Murck, TGB, trends, US
Comments 11
In the world of bitcoin wallets, users have historically had to prioritize between ease of use, accessibility, and security. That decision may be easier now, thanks to the Bitcoin Foundation’s grant to Coinpunk, an open source, self-hosted wallet. Such a solution would allow users to access their bitcoin wallet via the web, without the counterparty risk of an external service to manage the process. The grant to Coinpunk marks the Bitcoin Foundation’s third allocation since announcing the program in December 2012. This grant falls in line with the goals expressed by Executive Chairman emeritus Peter Vessenes – to support projects that …
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Aug 3, 2013
Posted
News, Wallets
Tagged Bitcoin Foundation, Coinbase, software, technical, wallet
Comments 0
Today the Bitcoin Foundation filed comments with FinCEN regarding the regulator’s Notice of Finding in the Liberty Reserve case. Though Liberty Reserve was not a bitcoin company, FinCEN’s reasoning in the filing makes implications that could be applied to digital currencies in general. Accordingly, the Bitcoin Foundation seized the opportunity to remind FinCEN of a number of important points. In May, the operators of Liberty Reserve were arrested on money laundering charges. The company, operating out of Costa Rica, used a centrally-issued digital currency mechanism to facilitate monetary transfers globally – often with little or no background checks into the identity …
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Jul 19, 2013
Posted
News, Regulatory
Tagged Anonymous Payments, Bitcoin Foundation, Liberty Reserve, payment, Though Liberty Reserve, US
Comments 1
This coverage is coming to you live from Bitcoin London. You can follow us on Twitter for updates or check out the other article posted today: Bitcoin London – Venture Capital Panel Review Bitcoin Regulation Discussion Legal compliance remains one of the central concerns of the virtual currency markets, as well as one of the highest barriers to entry for many new entrepreneurs. Bitcoin London gathered a number of experts to shed light on this topic, including: Patrick Murck – General Counsel, Bitcoin Foundation Constance Choi – General Counsel, Payward Danny Friedberg – Attorney, Graham Dunn Stuart Hoegner – General Counsel, Gaming Counsel …
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Jul 2, 2013
Posted
News
Tagged Bitcoin Foundation, Bitcoin London, Bitcoin Regulation Discussion, Constance Choi, Europe, trading, United States
Comments 0
The deadline to submit applications for the second round of Bitcoin Foundation grants is this Friday, June 14. Grants are intended to promote the Bitcoin Foundation’s mission to ‘standardize, promote, and protect bitcoin.’ While the exact criteria for of projects that will receive a grant remains largely unknown, some guidance can be found in reviewing the first round of grants distributed earlier this year and via updates from the Foundation’s board members. Both of the grants distributed in the first round aid in the developmental testing of the bitcoin protocol. The first grant was for a new Testnet that allows …
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Jun 13, 2013
Posted
General, News
Tagged Bitcoin Foundation, light, Peter Vassenes, Testnet Faucet
Comments 0