Bitcoin was trading around $120 today on Japan's Mt. Gox
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Bitcoin has seen a surge in prices over the past month and a half as some Europeans began looking for alternative ways to conduct transactions around faltering banks. As it's added users, it's also gained a higher profile in the business press.
CFTC head Bart Chilton told the paper Bitcoin “is for sure something we need to explore,” adding, "It's not monopoly money."
Another anonymous source said that the regulator is “seriously” examining the issue.
A final decision may hinge on whether traders start creating derivative products from the Bitcoin market, the FT says.
The Financial Times reports exclusively the Commodities Futures and Exchange Commission is studying whether Bitcoin would fall under their purview.
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A patent application published Thursday claims the process of conducting scientific research can benefit from the blockchain.
Led by a team at IBM's Watson Research Center, the patent application p
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According to a press release iss
Japanese Firms Claim Success in Marine Insurance Blockchain Trial
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Accenture Puts Software License Management on a Blockchain Platform
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Accenture announced in a pre
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Colorado Regulators Crack Down on Four More ICOs
Colorado regulators took action against four ICOs Thursday, bringing the state's total number of cease-and-desist orders against crypto startups to 12.
The state's "ICO Task Force" rebuked Bitcoin