Blog Archives

Report: Bitcoin Foundation files amicus brief in Florida LocalBitcoins case

Posted on 3rd August, 2014

In February, two Florida men were charged with money laundering for selling bitcoin to two undercover agents in a sting operation. The case has already been challenged on a variety of fronts, including the validity of the claim that a bitcoin transaction would even qualify under Florida’s laws as “money,” but thus far those claims […]

Florida resort accepts Bitcoin, rakes in $100k in 3 days

Posted on 3rd March, 2014

Last month, popular Miami nightspot the Clevelander South Beach Hotel began accepting Bitcoin. The decision seems to have been at least partially inspired by the 2014 North American Bitcoin Conference, which took place in the hotel in January, and may well have been part of the growing trend of accepting Bitcoin as a cheap, effective […]

Florida money-laundering case hinges on Bitcoin’s legal status as “money”

Posted on 27th February, 2014

Earlier this month, two Florida men were charged with in an alleged Bitcoin-based money-laundering scheme. Today, an attorney for one of the men argued that the Florida law they were being charged under wasn’t applicable, noting that the law only applies to money issued by the U.S. or other countries. As a decentralized, completely virtual […]