Lawrence H. Summers said that Bitcoin could maintain reducing costs and decrease inefficiencies in the global payments system and that the digital currency needs greater regulation.
Xapo, a bitcoin wallet based in California, has announced its new board members, which include former CEO of Citibank, the founder of Visa and former Secretary of the US Treasury.
The first broker-dealer start-up has been announced recently.
Lawrence H. Summers said that Bitcoin could maintain reducing costs and decrease inefficiencies in the global payments system and that the digital currency needs greater regulation.