Vault of Satoshi Exchange Introduces In-Beta Bill Payments and Pre-Authorized Debit
The folks over at bitcoin exchange Vault of Satoshi this week announced that a private beta has started for their bill payment and pre-authorized debit services - available only to customers in Canada. While this is only a testing phase, it's an important move for the company, who is now joining the likes of Bylls, which was just announced this week. Users who apply to be a part of the beta are required to submit two forms of Canadian-issued identification, proof of residency, employer information, and bank account information. Vault of Satoshi has set a limit of $3,000 for bill payments.....
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Bitcoin exchange Vault of Satoshi (VOS) today made an announcement that could be considered great news for those in Canada. "As of today, we are allowing Canadian Balances on the site," it says in the statement. "We have also built in a currency exchange to work with the USD and CAD pairs (on the menu). Bill payments are very close and being tested." Vault of Satoshi says that in about two weeks, they'll be accepting in-person deposits at their office outside of Toronto for those with a Canadian debit card. Certified checks are also a viable means of account funding, according to VOS. Side....
Canadian cryptocurrency exchange Vault of Satoshi recently updated its clients about their concrete decision to shut down next month - on February 5th. According to the founders, their exchange was running smoothly - without any insolvency, stolen funds, and any other ill-fated scenario - so people should not perceive anything negative about Vault of Satoshi. On the other hand, the decision to seal this exchange forever was taken to fulfill other, and better, opportunities. Here is an excerpt that explains it better: "Our founders and team of developers began work on a new,....
BRANTFORD, June 24th, 2014 - Vault of Satoshi, Canada's leading cryptocurrency exchange, announced June 20th that it is releasing the dividend-producing bitcoin investment, called Divcoin, today, June 24th. Instead of selling contracts that would otherwise bind users, Vault of Satoshi is representing mining contracts with a coin. Based out of their Brantford, Ontario headquarters, Vault of Satoshi will be mining bitcoins and paying out daily dividends to those who buy the coin. Vault of Satoshi is enabling the purchase of Divcoin starting June 20th, 2014 to both current clients and the....
The owners of Vault of Satoshi have announced that they will be closing the notable Canada-based bitcoin exchange on 5th February due to the "insane" growth of a new business venture. Though short on details in the official announcement, Vault of Satoshi co-founder Mike Curry told CoinDesk that the success of new venture TurboFlix has encouraged the exchange's owners to switch focus. Launched six months ago, the service has gained popularity by allowing global Netflix users to bypass restrictions that limit their movie libraries. Throughout the conversation, however, Curry stressed that....
Bitcoin exchange Vault of Satoshi today launched a full public proof-of-solvency service for its customers, saying it is the first digital currency exchange in the world to do so. The "unapologetically Canadian" company has embarked on a string of compliance and transparency initiatives in the past months. In March, it received a full Money Services Business licence to operate in all provinces of Canada and serve international customers in listed countries. Vault of Satoshi (VoS) said its new proof-of-solvency system is "not just an audit", but provides full proof via cryptographic trees....