“The Bitcoin craze is catching on in China. A small but growing group of investors in China have put the country into contention with the U.S. as the biggest downloader of the virtual money that’s being used to buy a growing range of goods and services online. While intensified scrutiny by U.S. regulators casts doubt on the currency’s future there, China’s Bitcoin industry is expanding. The China Securities Regulatory Commission didn’t respond to a faxed query on whether it’s looking at new rules regarding Bitcoin. So long as it remains small, the industry may continue to fly below the radar screen.”
Related posts:
Apple shoots down drone strike tracking iPhone app
Google Glass Orders: How You Can Get Your Hands On An Early Set Of The Futuristic Glasses
U.S. eyes high-tech security boost at Canadian border
Clapper: Spying on U.S. election was "most benign form of information gathering"
Lawmakers travel the world on lobbyists’ dime
Mexican politician shot dead minutes after promising to crack down on violent crime
US banker proud to become Chinese national
Rooftop gardens growing in popularity in notoriously smoggy Mexico City
Gypsy Uses Gold for Bail? Judge Says It Seems ‘Fishy’
Flying the Government Skies
Federal Reserve confirms its computers were hacked
Blackstone Funding Largest U.S. Single-Family Rentals
Pro-democracy protest in Hong Kong draws tens of thousands
Facebook Must Face Gambit Suit Over Social Game Currency
Over half of China's new bitcoin traders are women