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Our values drive everything that we do

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Bitcoin explained

What is Bitcoin?

Bitcoin is a peer-to-peer version of electronic cash that allows payments to be sent directly from one party to another without going through a financial institution. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. – Satoshi Nakamoto

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The Bitcoin Foundation is shocked at New York Superintendent Vullo’s statements regarding New York’s virtual currency regulation at this year’s conference of state bank supervisors

Monday, April 16, 2018|

Press Contacts: San Francisco, CA, Llew Claasen, [email protected] San Francisco, CA - April 16, 2018 - Llew Claasen, Executive Director of the Bitcoin Foundation, the world's oldest and largest Bitcoin advocacy organization, expressed his opposition to statements made by New York State Department of Financial Services ("NYDFS") Superintendent Maria T. [...]

Cryptocurrency, decoding the virtual form of currency for New Yorkers – New York State legislature hearing 23 February 2018

Friday, February 23, 2018|

The Foundation’s Executive Director, Llew Claasen, represented the Foundation at a New York state legislature hearing into cryptocurrencies and BitLicense on February 23, 2018. It’s encouraging to see that the New York Senate is exploring these issues and inviting representative organizations like ourselves to participate.   We agree that a [...]

§1241 proposed changes and opposition letter

Wednesday, December 6, 2017|

As many of you are aware, the Foundation has dedicated a large chunk of its resources over the past few months into proposing redrafts of sections of §1241 Combating Money Laundering, Terrorist Financing and Counterfeiting Act of 2017 (US). For those not familiar with the Act, it seeks to define [...]

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