Wednesday, February 19, 2014

Bitcoin Developments

Chinese Can Buy Property Using Bitcoin

Bitcoin Spreads to Real Estate in China One billion people in China have a new payment option when purchasing real estate: Bitcoin. KapronAsia is reporting that the giant Shanda Group, through its real estate development arm, is accepting Bitcoin as payment for apartments in its Zhangjiang Hi-Tech park project. From the article: “Bitcoin acceptance in China has now extended into real estate with a residential developer in Zhangjiang Hi-Tech park in Shanghai finding a new way to promote sales through the acceptance of Bitcoin virtual currency. Shanda Group, one of the large IT giants in China, through its real estate …continue reading

Bitcoin Debit Cards Planning to Be Introduced

Coming Soon: Bitcoin Debit Cards The first Bitcoin ATM was introduced in Canada. Once again, Canadians are once again at the forefront of the Bitcoin growth story as two Canadian firms are planning to introduce Bitcoin debit cards to the world. Bitcoin continues to edge towards mainstream acceptance. From the Bitcoin Examiner: “Canada is definitely living a love story with Bitcoin. After Robocoin’s cryptocurrency ATM arrival to Vancouver, the country is now waiting for the next great thing: Bitcoin debit card services, which will be provided by the national companies Coinkite and Virtex. On one side, Coinkite plans to offer many services similar to …continue reading