Bitcoin Invades Mainstream Banking System (Michael Maloney's Wealth Cycles blog)Submitted by haze on Sun, 01/13/2013 - 12:05
Maloney's company has put out a blog about Bitcoin, have a read:
Bitcoin Invades Mainstream Banking System
Jan 11 2013
The WealthCycles Staff
Digital Currency Exchange, Bitcoin-Central, has been authorized by the French government to conduct bank style operations. In an announcement last month on bitcointalk.org, Paymium, the organization behind Bitcoin-Central said this:
We’re announcing today that Bitcoin-Central.net is getting, through a partnership with Aqoba, allowed to operate like a bank, (or more precisely like a PSP [Payment Service Provider], which is basically the same as a bank, just without the debt-money issuing part).
If you’ve been following the crypto-currency story, you will realize that this is a huge step forward. For the first time a crypto-currency exchange has been brought into the mainstream banking circle, allowing believers in the idea of free choice in currency the opportunity to transact business through traditional channels.
Read on at the link above!