Silicon Valley investor Adam Draper is refocusing his accelerator program solely on bitcoin, in hopes of taking the currency mainstream.
The UK government says it will assess the benefits and risks of unregulated digital currencies, a move which one expert says is a play to siphon investment and jobs away from the US and other markets.
50,000 bitcoins, worth about $20 million, were seized from digital wallets on computers belonging to Ross Ulbricht, the online drug market's alleged mastermind.
The self-regulated island in the English Channel wants to be a leader in accepting Bitcoin.
Arthur Levitt becomes one of Bitcoin's highest profile supporters after signing on to advise payment processing company BitPay and bitcoin exchange Vaurum.
The company's service allows consumers to swap established currencies for the digital kind without the speculating inherent in trading exchanges.
Company marketed specialized computers designed to produce the cryptocurrency but delivered useless machines, according to an FTC complaint.
The online-payments company is testing the waters by partnering with other companies willing to process transactions using the digital currency.
Coin Center, a newly created research and advocacy center, will focus on public policy issues faced by the virtual currency.
Bitcoin wallet and exchange says its expansion will increase access and adoption of the digital currency across Europe.