Tag: Virtual Currency

The Senate’s Economic References Committee, chaired by NSW Labor Senator Sam Dastyari, will launch an inquiry into cryptocurrencies such as bitcoin.

Bitcoin is making news again. Angry investors in the virtual currency are joining a class action to recover nearly US$500 million “lost” when Mt. Gox, a Tokyo-based Bitcoin exchange, crashed at the end of February 2014.

For the uninitiated, a digital currency, or ‘cryptocurrency’ is just like real money, only virtual.