On the regulation front, Wallstreet Journal reports that France is planning to implement new rules for financial institutions (like banks, investment houses, money exchanges, and any other possible bitcoin distributor) that will force them to collect and verify the identities of their users before opening any accounts for them to trade/buy/sell Bitcoin. These new rules …
Since I wrote my bitcoin article, the BTC to dollar rate zoomed up more than 10 times its value then. From about 16 USD per coin, to about 190 USD per coin. Some say it’s a bubble ready to burst. But there are very legitimate reasons for this spurt. People are tired of banks sucking …