First Glimpse Inside Halsey Minor's New Payments Platform Bitreserve
Bitreserve will be opening its new bank-like wallet and payments platform to some beta users next week. The brainchild of Halsey Minor, who also founded CNET, Bitreserve is a low-cost bitcoin and fiat currency payments platform, aimed at consumers, where holdings in bitcoin can easily be exchanged and held in one of several fiat currencies. The service will allow fiat-to-fiat transfers at zero cost between individual members, and a forthcoming API is expected to be integrated with payment processors. To boost user confidence, Minor says transparency has been made a priority, with....
Related News
Following the pre-announcement of last week, Bitreserve is now open for business with real-time transparency data. Also read: Bitcoin Reserve "BitReserve" Banks To Open its Vaults Soon. Bitreserve Founder and CEO Halsey Minor says: "Today we are thrilled to announce we have fully launched Bitreserve and are now accessible to the public." Halsey Minor also founded CNET in 1993. In 2008, he sold that company to CBS for $1.8 billion and became an investor. Bitreserve is a next-generation financial service, which shields users from bitcoin volatility by enabling them to hold Bitcoin as the....
CNET founder and technology entrepreneur Halsey Minor has formally announced Bitreserve.org - a new low-cost bitcoin and fiat currency payments platform geared toward both consumers and merchants. Most notably, the service will allow fiat-to-fiat transfers at zero cost between Bitreserve members. This means that a customer could issue a payment to a merchant without having to pay transaction costs. Bitreserve charges a nominal fee for bitcoin transactions in order to pay miners. During a press conference, Minor remarked that one of the central problems with bitcoin is the issue of price....
On May 4, The Times of India reported that Halsey Minor, the multi-millionaire entrepreneur and founder/CEO of BitReserve, engaged a meeting with the local regulators for the company's future plans to launch its services there. "After the U. S., U. K. and China, we want to now set up operations in India, and we are talking to regulators and potential partners on a range of our Internet-based finance offerings," Minor told Times of India. The aim of the launch in India is to provide users with "direct control of their money," as Minor plans to offer BitReserve as a "financial inclusion....
Bitreserve has announced a change of leadership, one that sees its chief operating officer and president Anthony Watson taking on the role of CEO. Watson, who previous served as CIO for Nike, follows founder Halsey Minor in the CEO role. Minor will stay on as a board member and "chief visionary" with a focus on long-term product planning. In the announcement post, Minor wrote that Tim Parsa - who previously served as the company's CEO - has been named the company's chief compliance officer and head of regulatory affairs. Watson said that his promotion to the CEO role had been planned since....
Bitreserve is seeking to raise $10m in capital through a new crowdfunding initiative. The bitcoin storage platform, started by CNET founder Halsey Minor, has raised $7m so far, with 51 days to go on its funding campaign. Minor said the decision to raise a financing through crowdfunding was a "supplement" to other fundraising efforts. He also said it is an attempt to address the limited investment opportunities available to the general public for technology companies like his. Minor told CoinDesk: "People should have a right to invest in innovation ... there are so many things that are just....