This week bitcoin continued to inch further into the world of mainstream finance. Check out the top headlines below:
Google and Yahoo! displaying bitcoin prices: First Yahoo! Finance and then Google Finance started offering bitcoin prices on their websites. Along with price tickers, both organizations are also showing a stream of cryptocurrency news items. A Yahoo spokesperson told CoinDesk that they added bitcoin prices to their site because users had expressed interest in the currency.
Expedia to accept bitcoin for hotel bookings: Expedia became the latest large company to reveal plans for bitcoin acceptance. Expedia said bitcoin will be integrated into payment options for customers at checkout, sitting alongside other payment methods like PayPal and Visa.
US government to sell $18m worth of Silk Road bitcoin: The price of bitcoin took a dip at the end of the week following the news that the US government will be auctioning off 30,000 bitcoin obtained from the Silk Road online black market. The auction is scheduled for 27th June, 2014.
As always, keep an eye on the CoinDesk website over the weekend for any breaking news. Enjoy your weekend, especially if you get a kick out of watching football!
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Could Crypto Exchanges KYC Prevent Money Laundering In Bitcoin?
China’s regulators recently warned that cryptocurrency is a potential threat in anti-money laundering as bitcoin could easily bypass the country’s capital controls and achieve cross-border capital
BMO, Pension Plan Pilot Blockchain for Fixed Income Issuance
Canadian financial firm BMO Capital Markets is working with the Ontario Teachers' Pension Plan on a new blockchain pilot.
The trial sees the two firms register a fixed income issuance on a blockcha
South Korea Budgets $880 Million for Tech Including Blockchain
The South Korean government will invest over $880 million next year in order to boost the development of innovative technologies including blockchain.
According to a government release on Tuesday,
Pantera Capital Has Raised $71 Million So Far for Third Crypto Fund
Blockchain investment company Pantera Capital has launched its third crypto fund with over $71 million already committed, according to public documents.
A filing submitted by the company to the U.S
Airbnb Co-Founder Backs $22 Million Funding for Crypto Dealer SFOX
A cryptocurrency dealer setting out to provide trading services for institutional investors has closed a Series A funding round of $22.7 million.
Called SFOX, the platform announced on Thursday tha
Ripple Endorses 'Preferred' Crypto Exchanges for XRP Payments
Distributed ledger startup Ripple has endorsed three cryptocurrency exchanges as its "preferred partners" for transacting with its xRapid payments service, which uses the cryptocurrency XRP.
US Senate to Examine Energy Efficiency of Blockchain
The U.S. Senate is set to take another look at blockchain technology next week.
The Committee on Energy and Natural Resources will host a hearing on "Energy Efficiency of Blockchain and Similar Tec
Soccer Body UEFA Scores 'Successful' Blockchain Ticketing Trial
The Union of European Football Associations, or UEFA as it's more commonly known, has just announced the completion of a "successful" trial of a mobile ticketing app built with blockchain.