A New York prosecutor says the federal government has brought its first bitcoin securities fraud case, accusing a 32-year-old Texas man of engineering a bitcoin Ponzi scheme.
The online-payments company is testing the waters by partnering with other companies willing to process transactions using the digital currency.
The largest group of bitcoin miners, which maintains and processes transactions in the digital currency, is promising to avoid majority control of the currency as a temporary measure to maintain the payment system’s credibility.
Dish Network said that it will become the largest company yet to accept payment in bitcoin. The satellite TV provider will begin taking the digital coins by September.
Texas Attorney General Greg Abbott’s campaign for governor says it will accept contributions made with the bitcoin virtual currency.
The Mt. Gox bitcoin exchange that recently collapsed in Japan has filed for U.S. bankruptcy protection to shield itself from a lawsuit seeking to repay thousands of people whose digital currency is now missing.
No cash? No credit cards? No problem. At a North Texas medical clinic, you can now pay your bill using ones and zeroes. It’s the first clinic in Texas to accept Bitcoins.