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US
US Bank Regulator Calls for Balanced Bitcoin Oversight
The head of the US Office of the Comptroller of the Currency has called for balanced regulation for financial technology such as bitcoin.

US Government Funds $3 Million Cryptocurrency Research Initiative
Three US universities are set to conduct research on cryptocurrencies using roughly $3m in grant funding from the National Science Foundation.

New Jersey Legislators Propose Tax Breaks for Bitcoin Businesses
Two New Jersey legislators have introduced a Digital Currency Jobs Creation Act that calls for tax breaks for bitcoin businesses.

ItBit Nets $25 Million, Launches NYDFS-Approved Bitcoin Exchange
New York bitcoin exchange itBit has raised $25m in a new Series A round from investors including RRE Ventures and Liberty City Ventures.

Bitcoin Marketplace Buttercoin Folds Despite $2.1 Million Investment
US bitcoin marketplace Buttercoin is shutting its doors, despite launching just four months ago with at least $1.3m in investor backing.

Top Global Law Firm: Virtual Currency is Here to Stay
Cryptocurrency's advantages mean it's unlikely to completely go away, says a partner at one of the largest and most prestigious law firms in the US.

Coinbase Secures Approval to Launch Regulated US Bitcoin Exchange
Coinbase is set to launch a US bitcoin exchange already approved by 50% of state regulators on Monday.

Commissioner Claims CFTC Can Intervene in Bitcoin Markets
CFTC commissioner Mark Wetjen has said the agency is authorised to take enforcement actions against price manipulation in bitcoin markets.
