Vodafone’s M-Pesa launches in Europe

Cashless Payments, News

Vodafone’s Money Transfer, commonly known as M-PESA, is a highly successful money transfer service which has arrived in Europe after being launched in Romania yesterday. The service enables users who do not have a bank account, or limited access to one, to send and receive money, top-up air time, make bill payments and make a…

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IRS decides bitcoin is property, not currency

Currency, News

Last week the Internal Revenue Service (IRS) in the USA ruled that the digital currency Bitcoin should be treated as property, not a currency, for tax purposes. This means that every transaction a Bitcoin user makes will have to be reported in some way. If it had been ruled as a digital currency, this would…