Casascius Bitcoin Mint to Resume Sales, With a Twist
Bitcoin mint Casascius is back, resuming the sale of its products on a limited basis. The brainchild of entrepreneur Mike Caldwell, Utah-based Casascius coins was forced to shut down operations back in December. The company was effectively put out of business by the Financial Crimes Enforcement Network (FinCEN), after the agency classified Caldwell's activities as "money transmitting". At the time, Caldwell said he did not want to "argue" with FinCEN - though the decision was rather baffling, since he was merely minting physical coins. As of yesterday, Casascius is back in business - with....
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One month following the news that the Casascius physical bitcoin minting operation came to a grinding halt comes the news that some operations will resume selling some coins, according to a post this weekend. The post indicates that Mike Caldwell, who heads the operation, will soon begin selling the Casascius aluminum coin, which is unfunded and does not hold a value in bitcoin. Caldwell also indicates that he's planning to sell traditional Casascius coins, save for the fact they too will be unfunded - so as to not continue running a "money-transmitting" business, as seen by the U. S.....
News has emerged that Utah-based Bitcoin Mint Casascius has stopped minting cryptocurrency, following pressure from the US government. The company, which sold bitcoins embedded within metal coins, has reportedly been picked up by the US Financial Crimes Enforcement Network (FinCEN) for being an unregistered "money transmitter". Since coming on to the scene in 2011, around 90,000 Casascius coins have been minted. Each coin contains the private key for a bitcoin address, making them a "secure and collectible" offline container for the digital currency. Casascius founder Mike Caldwell, a....
With the Christmas holidays upon us, we are all opening up our presents and spending time with loved ones. Some of us will even receive cash as a gift, which we can use to treat ourselves to something nice. So why not purchase the only Casascius coin to be produced this year, and commemorate the St. Petersburg Bitcoin Bowl at the same time? For those of you who are unfamiliar with the name Casascius, allow me to give you a brief introduction. Casascius is a well-established brand of physical Bitcoins, created by Mike Caldwell. The first Casascius physical Bitcoin was created in 2011 and....
Moonbirds went from mint to moon. The project has been the talk of the town since we left you last week, skyrocketing to a 20 ETH floor and serving out over $200M worth of sales volume. Let’s break down that story and more in our bite-sized weekday report, The Nightly Mint. The Nightly Mint Latest […]
Chasing Casascius is a photobook and that uses bitcoin and associated terminology in its story about a “Block Explorer” seeking an “orphaned block” depicted as a Casascius Gold Plated Bar. Casascius Gold Plated Bars are rare physical bitcoins created by Mike Caldwell. Purchasers of the book are entered into a third party raffle for the gold plated bar.....