A Bitcoin ATM has been opened in Israel. The ATM was opened on the 30 March at the “Bitcoin emBassy”, a non-profit group based in Tel Aviv. The new machine, operated by the Bits of Gold company, enables users to purchase Bitcoin credits in exchange for cash. “I am proud that the embassy has made…
DetailsVodafone’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…
Details
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…
DetailsGlory Global Solutions, based in Hampshire UK, has extended their UW range of banknote sorters to include the 12-pocket UW-700 and the 16-pocket UW-800 models. Previously, the model range only extended to 8 pockets. The additional pockets will enable users to configure more complex configurations for sorting banknotes, enabling more functions to be delivered in…
Details
The Reserve Bank of Australia (RBA) has issued its first quarterly bulletin this month, which includes an article detailing the Next Generation Banknote Project. Australia, which issued its first polymer banknotes in 1992, announced in 2012 that they were to begin planning a new banknote series in order to deter counterfeits in circulation “consistent with…
DetailsCabot Corporation has entered into an agreement with SICPA to sell its Security Materials business for approximately US $20 million in cash consideration. Cabot, headquartered in Boston, is a global speciality chemicals and performance materials company. Cabot’s Security Materials, based in Albuquerque, USA, produces anti-counterfeit covert taggant applications. SICPA, headquartered in Lausanne, Switzerland, is a…
Details