Techno-News Blog

December 14, 2012

Virtual cash exchange becomes bank

Filed under: Uncategorized — admin @ 12:27 am

by the BBC

A currency exchange that specialises in virtual cash has won the right to operate as a bank. Bitcoin-Central got the go-ahead thanks to a deal with French financial firms Aqoba and Credit Mutuel. The exchange is one of many that swaps bitcoins, computer generated cash, for real world currencies. The change in status makes it easier to use bitcoins and bestows national protections on balances held at the exchange.

http://www.bbc.co.uk/news/technology-20641465#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa

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