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Following Legal Troubles, Digital Currency Industry Struggles to Find Its Voice
By Kira Zalan
printMore than a year into an effort by the digital currency industry to convince critics that its promise doesn't extend to criminals more than consumers, Bitcoin proponents are questioning whether they have the right messenger to deliver their message. By the end of last year, the group most likely to serve as a public voice for the quickly growing industry seemed to be Bitcoin Foundation, an organization led by prominent proponents of the crypto-currency protocol. On its Web site, the foundation describes its role as "critical for bringing legitimacy to the Bitcoin currency." But since January, one of the foundation's...
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The second installation of a two-part story on how the Bitcoin market is changing under the scrutiny of federal and state officials.