U.S. officials have been warning for months that the unregulated digital currency Bitcoin wasn’t fully legitimate in the eyes of the law. Now, the Department of Homeland Security has frozen an account for one of the largest Bitcoin exchanges, a firm called Mt. Gox. The online firm, based in Tokyo, says it handles nearly 80 percent of global trading for this form of virtual cash.
Queena Kim, Marketplace Tech reporter, explains the latest on the story.
If you’re a member of your local public radio station, we thank you — because your support helps those stations keep programs like Marketplace on the air. But for Marketplace to continue to grow, we need additional investment from those who care most about what we do: superfans like you.
Your donation — as little as $5 — helps us create more content that matters to you and your community, and to reach more people where they are – whether that’s radio, podcasts or online.
When you contribute directly to Marketplace, you become a partner in that mission: someone who understands that when we all get smarter, everybody wins.