Europeans Can Now Receive Their Paycheck in Bitcoin

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Europe-based bitcoinCT r:  3 services provider Cashila has recently released a Bitwage-like Euro-to-Bitcoin payroll system, allowing European employees to request their wages to be paid in bitcoin through a simple bank or SEPA payment. The payment process of the sender or the employer will stay the exactly the same. On the Cashila platform, the receiver will create a payroll request with the inclusion of necessary bank details, including specific reference number, IBAN Bank account number, payment amount, etc. Once completed, employees and freelancers can export the invoice as a PDF or send it via email to their employers and wait for the payment to be processed by the bank and Cashila. The users of the platform may also receive bitcoin through a European bank account, by transferring bitcoins to the platform’s Euro Wallet, then immediately converting to Euros. Through this service called “Reserve Cashila Feature,” the Cashilla team aims to help spur mainstream bitcoin growth in Europe, and protect freelancers and employees from bitcoin price volatility. Cashila co-founder Jani Valjavec stated: “This is a faster and cheaper version of banking as we know it. Your version.” Upon its launch, the service received criticism from the bitcoin community due to its inefficient payment …

Governments Seize the Opportunity to Control Bitcoin

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With the recent announcement of the Blockchain Alliance “A Public-Private Forum to Help Combat Criminal Activity on the Blockchain” founded by Coin Center and the Chamber of Digital Commerce, CoinTelegraph highlights some recent events overlooked by the Bitcoin industry that immediately precipitated the announcement including an FBI “playbook” and European seizure survey. Ever since Let’s Talk Bitcoin broke the story in June 2013 that the DEA (Drug Enforcement Agency) seized 11.02 bitcoin from a bitcoin user, the internet has been aflutter what exactly it means to seize bitcoin and the extent of control that law enforcement has over everyone’s favorite cryptocurrency. At the time, Bitcoin superstar Andreas M. Antonopoulos stated that “There is no indication the Bitcoin protocol was compromised.  “Seizure” is probably a word used to imply that money was received in the process of a Silk Road sting operation, rather than actually bitcoin seized from the user’s wallet.” Andreas’ words still hold true today. At its core, literally Bitcoin core, it is not possible to seize bitcoin.  However, it is possible to seize bitcoin depending on how a Bitcoin user interacts with the cryptocurrency (including sending it to law enforcement unbeknownst to the user — as was likely …