crypto-timeline

2014-02-01 Crypto-Timeline

Here is a log with relevant legal, regulatory, law enforcement and business risk milestones in crypto-currencies’ race to maturity with links to trusted sources.

The  Key January 2014 Crypto-Events were:

• 1/1/2014 – Bitcoin ASIC manufacturer facing lawsuits over alleged false advertising
• 1/2/2014 – Lebanon’s central bank issues Bitcoin warning
• 1/3/2014 – Malaysian central bank has no plans to regulate Bitcoin
• 1/6/2014 – Taiwan regulators block Robocoin Bitcoin ATMs
• 1/7/2014 – German central bank official issues another Bitcoin warning
• 1/8/2014 – China’s largest online shopping site banks Bitcoin trading and sales of related products
• 1/9/2014 – Hong Kong treasury official issues Bitcoin warning
• 1/9/2014 – Singapore lays out tax rules for Bitcoin
• 1/9/2014 – Overstock.com starts accepting bitcoins
• 1/10/2014 – Backed by Lloyd’s of London, new UK startup offers insured Bitcoin vault
• 1/14/2014 – Wells Fargo calls Bitcoin summit on ‘rules of engagement’
• 1/15/2014 – French Senate holds hearings on Bitcoin and digital currencies
• 1/15/2014 – Irish lawmaker calls for investigation into Bitcoin and the Deep Web Continue reading →

2014-01-01 Crypto-Timeline

Here is a log with relevant legal, regulatory, law enforcement and business risk milestones in crypto-currencies’ race to maturity with links to trusted sources.

The  Key December 2013 Crypto-Events were:

• 12/1/2013 – Dutch Rabobank blocked bitcoin for ‘ethical reasons’
• 12/2/2013 – 96,000 BTC are stolen and angry users chase thief around the Internet
• 12/3/2013 – The Dutch Central Bank warns about virtual currency risks
• 12/5/2013 – China bans its banks from handling Bitcoin
• 12/5/2013 – French central bank warns over Bitcoin risks
• 12/5/2013 – Bitcoin valued at $1,300 by Bank of America analysts
• 12/8/2013 – India’s central bank expresses concern about Bitcoin’s risks
• 12/9/2013 – Swiss parliament requests legal clarity on Bitcoin, including declaring it a currency
• 12/9/2013 – JPMorgan Chase building Bitcoin-killer
• 12/10/2013 – Apple blocks bitcoin payments on secure messaging app Gliph Continue reading →

2013-12-01 Crypto-Timeline

Here is a log with relevant legal, regulatory, law enforcement and business risk milestones in the crypto-currency race to maturity with links to trusted sources.

The  Key November 2013 Crypto-Events were:

• 11/1/2013 – Founder of Lliberty Reserve admits guilt and faces 75 years in prison
• 11/5/2013 – Bitcoin at risk of network attack, say Cornell researchers
• 11/5/2013 – Problem for Bitcoin in China as Hong Kong trade shuts down
• 11/6/2013 – Bitcoin is not broken (BF’s Andresen responds to selfish-attack researchers)
• 11/6/2013 – US Senate committees to hold hearings about virtual currency
• 11/6/2013 – Homeland Security Committee chairman responds to “Silk Road 2.0”
• 11/7/2013 – Hackers steal $1.2m of bitcoins from a supposedly secure wallet service
• 11/7/2013 – Bitcoin boom: virtual currency hits all-time high (1 BTC=$309)
• 11/7/2013 – Federal Reserve economist on Bitcoin: ‘Small phenomenon but growing’
• 11/8/2013 – Man arrested for selling guns on Black Market Reloaded, where only bitcoins are Continue reading →

2013-11-01 Crypto-Timeline

Here is a log with relevant legal, regulatory, law enforcement and business risk milestones in the crypto-currency race to maturity with links to trusted sources.

The  Key October 2013 Crypto-Events were:

• 10/1/2013 – New York Lawsky says “So Be It” if transparency dooms Bitcoin
• 10/2/2013 – Silk Road closed: Founder of Dark Web’s drug marketplace arrested
• 10/2/2013 – Bitcoin falls 15% following FBI’s Silk Road
• 10/3/2013 – Bitcoin prices recover after sliding on Silk Road bust
• 10/3/2013 – Marc Andreessen: Bitcoin is like the early internet
• 10/10/2013 – CapitalOne closes company’s bank account over mere mention of bitcoin
• 10/10/2013 – Dwolla shuts doors to bitcoin companies and virtual currency exchanges
• 10/15/2013 – Baidu, the Chinese “Google”, accepts bitcoin for security services
• 10/24/2013 – Swedish bank freezes customer’s account after she sells-5 bitcoins
• 10/24/2013 – Bitcoin endorsed by top hedge fund manager Continue reading →

2013-10-01 Crypto-Timeline

Here is a log with relevant legal, regulatory, law enforcement and business risk milestones in the crypto-currency race to maturity with links to trusted sources.

The  Key September 2013 Crypto-Events were:

• 9/5/2013 – United Kingdom debates Bitcoin regulation
• 9/6/2013 – Satoshidice recovers from series of DDoS attacks
• 9/11/2013 – Rogue transaction cripples casual Bitcoin software users
• 9/13/2013 – Mt.Gox answers Coinlab’s complaint with a vengeance
• 9/19/2013 – Swiss politician is both puzzled and concerned about Bitcoin’s risks and potential
• 9/20/2013 – Singapore’s Monetary Authority cautions consumers against bitcoin trading
• 9/20/2013 – Canadian Royal Mint to test ‘MintChip’ payment system
• 9/23/2013 – Virtual stock markets btct.co and litecoinglobal.com shut down due to regulatory environment
• 9/27/2013 – TerraHash shuts down

Please point me to any events that you consider important and would like to see on the log.

For ease of tracking I’ve decided on the following discrete categories to classify all events:

1. Banking: Refers to decisions made or stances taken by banks and other traditional financial Continue reading →

2013-09-01 Crypto-Timeline

Here is a log with relevant legal, regulatory, law enforcement and business risk milestones in the crypto-currency race to maturity with links to trusted sources.

The  Key August 2013 Crypto-Events were:

• 8/1/2013 – Tangible Cryptography (FastCash4Bitcoins) suspends Bitcoin-related transactions
• 8/2/2013 – Federal Judge declares Bitcoin a currency
• 8/12/2013 – New York State Department of Financial Services examines virtual currency practices
• 8/12/2013 – New York subpoenas Bitcoin firms in proble on criminal risk
• 8/12/2013 – U.S. Congress starts looking into Bitcoin
• 8/14/2013 – Top US compliance experts and industry players meet in first virtual currencies compliance conference [speakers and some presentations are listed here.]
• 8/15/2013 – Commonwealth Bank closes CoinJar’s business and founders’ personal accounts
• 8/18/2013 – Germany officially recognizes Bitcoin as ‘private money’
• 8/19/2013 – Mercatus Center publishes a Bitcoin Primer for Policymakers, a fine compendium of its Continue reading →

2013-08-01 Crypto-Timeline

Here is a log with relevant legal, regulatory, law enforcement and business risk milestones in the crypto-currency race to maturity with links to trusted sources.

The  Key July 2013 Crypto-Events were:

• 7/2/2013 – Feds arrest alleged Romney tax return hacker and Bitcoin blackmailer
• 7/4/2013 – Mt Gox resumes operations and announces new banking relationships
• 7/4/2013 – Users Bitcoins are seized by the US Drug Enforcement Administration
• 7/8/2013 – E-Sports league hit with lawsuit over bitcoin mining
• 7/19/2013 – Bank of the West shuts down Amagi Metals account
• 7/22/2013 – SEC charges Texas man with running Bitcoin-denominated Ponzi scheme
• 7/29/2013 – Thailand’s central bank allegedly bans Bitcoin (not really the case, though)

Please point me to any events that you consider important and would like to see on the log. Continue reading →

2013-07-01 Crypto-Timeline

Here is a log with relevant legal, regulatory, law enforcement and business risk milestones in the crypto-currency race to maturity with links to trusted sources.

The Key June 2013 Crypto-Events were:

• 6/10/2013 – LibertyBit temporarily suspends operations due to RBC closing their bank account
• 6/19/2013 – Bitspend suspends operations due to Chase closing their bank account
• 6/20/2013 – Mt Gox temporarily suspends U.S. Dollar withdrawals
• 6/23/2013 – Bitcoin Foundation receives Cease and Desist Order from California
• 6/24/2013 – DEA Bitcoin seizure is first ever in US history

Please point me to any events that you consider important and would like to see on the log. Continue reading →

2013-06-01 Crypto-Timeline

Here is a log with relevant legal, regulatory, law enforcement and business risk milestones in the crypto-currency race to maturity with links to trusted sources.

Here are the May 2013 Key Crypto-Events:

• 5/2/2013 – CoinLab sues Mt.Gox for $75 million
• 5/7/2013 – CFTC’s Commissioner Bart Chilton vows to consider Bitcoin regulation
• 5/15/2013 – Dwolla account frozen by DHS
• 5/16/2013 – SatoshiDice (Bitcoin Game) restricts US players and US-based IPs
• 5/20/2013 – Canada’s FINTRAC confirms in letters that Bitcoin Exchangers are NOT MSBs
• 5/23/2013 – Liberty Reserve is shut down for money laundering
• 5/28/2013 – Liberty Reserve is indicted by US Department of Justice
• 5/28/2013 – FinCEN designates Liberty Reserve as institution of “primary money laundering concern”
• 5/28/2013 – OKPay suspends payment processing to all Bitcoin exchanges Continue reading →