For years, bitcoin believers have tried to distance the digital coin from the perception that it's only used for criminal activity. New insights into Russian meddling in the U.S. election aren't helping.
The South Korean exchange Coinmarketcap.com became the nation’s second venue in as many weeks to report a theft, triggering renewed fears about the safety of markets that trade and hold crypto assets.
But experts warn that for enterprises, the virtual gold rush can put corporate networks at risk and inflate cloud central processing unit usage, adding cost.
The BIS concluded that wholesale digital currencies and their underlying technologies have the potential to make settlement of securities and derivatives transactions more efficient.
Such exchanges are acting as custodians for a commodity that can't be copied or double-spent, in an environment where possession is nine-tenths of the law.
