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Santander Group, the largest bank in the Eurozone by market value, commissioned ‘insight network’ and consultancy firm Yegii to conduct a study to “analyze the impact of bitcoin and other cryptocurrencies on banks and devise a strategic course of action”.

The Bitcoin cause might have taken a small step backward last week with the announcement by the Australian Tax Office (ATO) that Bitcoin would not be considered “money” for tax purposes.

We reported two weeks ago on Berlin-based startup Bitbond and how that company had just secured a round of funding worth 200 thousand euro. Earlier this week, we had a chance to speak with Radoslav Albrecht, Bitbond’s founder and CEO.

Old shibes die hard, and it will come as no surprise to many stalwart Dogecoin investors that the traditional altcoin is making a fast comeback after months of nothing but doom and gloom.

The Chamber of Digital Commerce has registered a political action committee with the United States Federal Election Commission, which means that Bitcoin and other cryptocoin lobbyists in Washington, DC are going to have their voices amplified in the near future.

More and more business are beginning to love Bitcoin. The digital currency has gained a lot of popularity in the last year, and it’s not just being accepted by companies, but also by the general public and small businesses.

BTer was saved from near certain destruction after it suffered a hack resulting in the loss of 51 Million NXT from the exchange, thanks to a third party negotiator. Now, that negotiator is speaking out, revealing what happened for the first time.

Bohan Huang is the Currency Development Officer at the Uro Foundation.

Bitcoin Foundation Bangladesh seems to be an excellent example of a great start on cryptocurrency education in the region.

Stanislav Wolf is the initiator of the first Bitcoin conference in Germany.

Americans can now make instant deposits to Ripple from several US banks.

The 14th edition of the Bitfilm Festival — an annual film festival that will be Bitcoin-specific this year — has announced that it will issue its own coin, available starting Tuesday, August 26.

To those unaware of what Counterparty is, it is a peer-to-peer financial platform built on the Bitcoin blockchain. It has no formal corporate structure, but rather consists of a core team which handles the vast majority of technical and business development.

Update on the price by Tone.

The State of Delaware took another step in defining Bitcoin by passing a Bill that regulates what happens to a person’s digital assets after they die.

Electronic Transactions Association (ETA) CEO, Jason Oxman, indicated that members of his organization might start recognizing Bitcoin’s disruptive potential, suggesting that this might lead to more partnerships between traditional electronic payment providers and Bitcoin startups.

Weekend Roundup by Cointelegraph!

The initial Storj crowdsale has finally come to a close, and the Storj team is pleased with the results, having raised at least 910 BTC. Although they are still hard at work on furthering development, the funding raised for their decentralized cloud storage platform exceeded their expectations.

This year’s Bitcoinference Summer 2014 will take place at the Amsterdam Science Park. The conference will be held September 3 - September 5.

In response to a Reddit post asking whether cloud mining contracts make sense, Andresen wrote the following: “No, they make no sense. I suspect many of them will turn out to be Ponzi schemes.”

The question of whether or not Bitcoin is money, property or a commodity took one step closer as Federal a judge ruled in the case of Robert Faiella, 54 and Charles Shrem, 24, that Bitcoin was money.

There has been a great deal of talk online about the supposed “death” of Litecoin, mainly because of its steep price decline over the last few months.

While Britain is said to be looking to turn the UK into a center for Bitcoin trade, Bitcoin exchanges and trading services are still struggling with the traditional banking industry.

Citing “a significant amount of public interest” in the Department of Financial Services’ proposed regulatory framework for cryptocurrency businesses, the State of New York has extended the window for which it will hear comments by 45 days.

Regarding the issue of the global influence that the current BitLicense proposal would have on Bitcoin-related businesses throughout the world, Lawsky said to be welcoming”as many points of views as possible” in order “to make the best decisions possible.”

While Bitcoin is certainly notorious for its volatility, there has been much speculation among Bitcoin community members, financial experts and the general public regarding the latest price drop. The forums have been abuzz with rumors ranging from margin trading to an NSA plot to take over Bitcoin.

Blackcoin has been added as a base currency on Bittrex, oh, and some other things happened in Blackcoin as well.

That is the very basic summary of the Bitcoin Foundation’s “A Primer on Bitcoin Jurisdiction”, a document the foundation made freely available online Wednesday to help its members and other cryptocurrency startups tackle their legal obligations.

Despite their reputation, some politicians have a soft spot for Bitcoin. New Hampshire republican candidate Andrew Hemingway took to the Reddit forums Wednesday, answering questions about his pro-Bitcoin positions.

Leon Li is the CEO and founder of Huobi (“Fire Currency” in Mandarin), one of the largest Bitcoin exchanges in the world.