Bitcoin launches ATMS, quantifying innovation, Marissa Mayer's no telecommuting policy gets vindicated, Latinas take over, marketers can't decide if Facebook ads work, Steve Blank gets fired. This week's notable news and tantalizing tidbits for entrepreneurs.
New York state financial regulators have issued subpoenas asking Bitcoin-related companies for information into whether safeguards are in place to prevent the virtual currency from being used in illegal activities such as money laundering.
Bitcoin is a decentralized digital currency that can be exchanged directly from peer to peer created by an unknown person who went by the alias “Satoshi Nakamoto” who published the bitcoin payment system in 2009. Some of the advantages of using bitcoin is that purchases can be made without any middle men or transaction fees and can be made anonymously.