“In a strange move, online payments provider PayPal has started banning accounts of people who sell anything Bitcoin related using its payment gateway, according to a post on BitcoinTalk. In this particular case however, there was no actual transfer of Bitcoin involved. A BitcoinTalk member sold Casascius coins, physical coins that can be used to store Bitcoins, on eBay. Casascius no longer come with Bitcoin stored in them after US Treasury Department action in December 2013. The seller tried to point out that he was only selling items which eBay, the parent company of PayPal, had permitted him to.”
http://www.medianama.com/2014/02/223-paypal-bitcoin-crackdown/
Related posts:
A record 1 in 5 U.S. households carry student loan debt
New Snowden Leak Reports ‘Groundbreaking’ NSA Crypto-Cracking
Another Reason Obamacare Costs Are Headed Through the Roof
Galt's Gulch Chile: First Libertarian Community Accepting Bitcoin
Family of American subjected to indefinite detention pleads for international human rights review
Papers Please: TSA-Style Checkpoints at UK Bus & Train Stations
NYPD cracks down on cyclists on weekend after deadly crash
Disabled Vet Labeled “Terrorist” For Investigating Cost Of Surveillance Cameras
Korea's biggest Bitcoin exchange gets $400K Silicon Valley investment
Why Clipperz is moving out of US
New iOS flaw makes devices susceptible to covert keylogging
Parents from faith-healing church charged in diabetes death of daughter
The Nightmare Ahead: 19 US Cities Have More Public Workers per Resident than Detroit
NSA slides: Steve Jobs Is 'Big Brother' And Smartphone Users Are 'Zombies'
Israel: Syria Missile Defense Acquisition a ‘Red Line’ for Military Action