Bitcoin Invades Mainstream Banking System [Michael Maloney Wealth Cycles blog]

[hazek]

Maloney's company has put out a blog about Bitcoin, have a read:

https://wealthcycles.com/blog/2013/0...nch-government

Bitcoin Invades Mainstream Banking System

Jan 11 2013
The WealthCycles Staff

Digital Currency Exchange, Bitcoin-Central, has been authorized by the French government to conduct bank style operations. In an announcement last month on bitcointalk.org, Paymium, the organization behind Bitcoin-Central said this:
We’re announcing today that Bitcoin-Central.net is getting, through a partnership with Aqoba, allowed to operate like a bank, (or more precisely like a PSP [Payment Service Provider], which is basically the same as a bank, just without the debt-money issuing part).

If you’ve been following the crypto-currency story, you will realize that this is a huge step forward. For the first time a crypto-currency exchange has been brought into the mainstream banking circle, allowing believers in the idea of free choice in currency the opportunity to transact business through traditional channels.
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Read on at the link above!

[Endthefednow]

Thanks for the update