Category Archives: BitCoin

NETELLER enables conversion to digital currencies

NETELLER enables conversion of more than twenty standard currencies to digital currencies within its system, solving the necessity to use online exchanges.

Digital wallet and online payment provider NETELLER is now delivering its customers buying and selling directly digital currencies, including Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and Litecoin.

The interesting feature is NETELLER’s task to offer exchange service of 28 fiat currencies to crypto coins using its system, imaginably avoiding the currently troublesome process of using crypto exchanges, or peer-to-peer platforms, or going to a bitcoin ATM, to acquire or dispose of funds.

BIS general manager worries about a “Systemic Threat” Of Bitcoin

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BIS general manager worries about a “Systemic Threat” Of Bitcoin, Prompts “Pre-emptive regulation” From Law enforcement “If authorities do not act pre-emptively, cryptocurrencies could become more interconnected with the main financial system and become a threat… ” The general manager of the Bank for International Settlements (BIS) has pummeled bitcoin as a “combination of a bubble, a Ponzi scheme, and an environmental disaster.” Augustin Carstens asked Tuesday the sustainability of bitcoin and other cryptocurrencies and suggested federal government had a responsibility to shut down on the monetary technology