Virtual currency website takes a step towards legitimacy with European recognition.

This article titled “Virtual currency Bitcoin registers with European regulators” was written by Jemima Kiss, for guardian.co.uk on Friday 7th December 2012 19.53 UTC

The virtual currency Bitcoin took a step towards legitimacy today as its eurozone wing joined the ranks of PayPal and Worldpay by becoming a registered payment services provider (PSP) under European law.

Under a deal made in France with the investment firm Aqoba and the Crédit Mutuel bank, Bitcoin-Central now has an international bank ID number, meaning the network will be able to send and receive transfers to and from other banks and issue debit cards for users.

READ THIS ARTICLE FOR $15
$15 provides access to this article and every case-study, interview, and analysis piece that we publish for the next 30 days. Our Premium Subscription also provides access to a database of over 100,000 articles on innovation in brand, customer, and retail experience.
Already a subscriber? Log in