In a recent Gigaom profile of Overstock.com’s bitcoin adoption, CEO Patrick Byrne let slip an interesting detail about the company’s plan to donate 4% of BTC sales to a different bitcoin charity or foundation every month. According to the article, the first recipient of the plan will be the newly minted bitcoin political advocacy group […]

Australia’s first publicly traded bitcoin mining and exchange company digitalBTC released a preliminary final yearly report today, revealing an estimated revenue of $4 million U.S. over three months of operations. The company’s normalized earnings were around $2.5 million for the same period, with a profit of about $600,000. Interestingly, digitalBTC actually reported a net loss […]

The Hill reported today that the recently formed bitcoin-business advocacy group the Chamber of Digital Commerce has formally registered a new political spending group with the Federal Election Commission. Chamber CEO Perianne Boring, a former White House intern and legislative analyst for Rep. Dennis Ross (R-FL), told The Hill that the political action committee (PAC) […]

Speaking at the North American Bitcoin Conference (NABC) on Satuday, Forbes columnist and former congressional staffer Perianne Boring announced plans to create a “Chamber of Digital Commerce” to advocate for sensible bitcoin regulations at the federal level. The move follows the initiation of pro-cryptocurrency lobbying efforts by Falcon Global Capital in May, and a more […]