Bitcoin Investment Trust (BIT) has received approval to list on the securities marketplace OTC Markets Group, meaning shares could begin trading as soon as next week. In preparation for the debut, the private investment vehicle owned by Digital Currency Group (DCG) has announced the launch of Grayscale Investments, which will sponsor the BIT, taking on […]

A Swedish bitcoin brokerage has gone to court with the country’s tax authority to prevent an audit of its customer information. Goobit AB, the company that operates the Stockholm-based BTCX, is fighting a third-party audit request from the Skatteverket, the Swedish tax agency, that would require it to disclose information about its customer base. As […]

The blockchain’s increasing size continues to raise concerns about its ability to accommodate transaction growth. But, could a decentralised system where transactions are sent over a network of off-blockchain micropayment channels solve the ledger’s scalability problems? Continue reading at CoinDesk Powered by WPeMatico

Payments processor and prepaid card provider NETELLER has added a bitcoin deposit feature. A representative for NETELLER confirmed the deposit feature, telling CoinDesk it may be officially launched as early as tomorrow. The move is an apparent reversal of policy for NETELLER, which previously revised its terms of use policy to explicitly prohibit the “trade, exchange, purchase or […]