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Topic: 2012-12-07 cbs.ca/cbcnews - Bitcoin digital currency site to operate like bank (Read 620 times)

legendary
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Bitcoin digital currency site to operate like bank in France
Bitcoin-Central partners with French financial firms Crédit Mutuel, Aqoba


2012-12-07

http://www.cbc.ca/news/technology/story/2012/12/07/bitcoins-banking-euro.html

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Bitcoin-Central – one of many exchanges that allow users to swap digital cash — got the green light on Thursday to partner with French bank bank Crédit Mutuel and payment service company Aqoba.

That means it joins the likes of PayPal in becoming a registered payment services provider (PSP).

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Digital system a good way to hide cash

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Bitcoins are the most widely used alternative currency. They are managed and exchanged through different websites and software that use peer-to-peer networks to enable the transfer of digital funds and employ cryptography to prevent users from double spending, counterfeiting or stealing Bitcoins.

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