Bitcoinpeople Morning Digest #4

In this issue: Bitcoin for beginners. Bitcoin is great for all the ‘unbanked’ people in the Philippines. Will future Free Trade Zones be Bitcoin Zones? The bank scandals are good news for Bitcoin. Cloudhashing supporting Mt. Gox costumers. A history of Bitcoin in one chart. Overstock regrets not having implemented Bitcoin earlier. Japan getting ready […]

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The five largest Bitcoin exchanges are based in Slovenia, Bulgaria, Japan, and China

As of now, none of the five largest, most influential Bitcoin exchanges are in the United States: Slovenia-based Bitstamp ($368 million in 30 days); Bulgaria-based BTCe ($267 million in 30 days); Japan-based Mt. Gox for dollar transactions ($261 million in 30 days); China-based BTC China ($151 million in 30 days); Japan-based Mt. Gox for euro […]

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Huobi is the new Bitcoin king of China

After crackdown, a new Bitcoin king emerges in China. Meanwhile, China’s two other big exchanges — Huobi and OKCoin — are bypassing payment processors by letting users wire money directly into exchange bank accounts, says Scott Freeman, a China-based entrepreneur who is also a Bitcoin investor. That’s a slower process, but he says that since […]

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Bitcoin bounces back in China to top $1,000

When Chinese regulators banned financial institutions from doing business with Bitcoin exchanges last month, the move was thought by many to spell the end for the virtual currency in China. Would-be buyers were told they would no longer be able to transfer cash on to exchanges via digital payment platforms, in effect making it impossible […]

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