A report commissioned by Boston-based Suffolk University recommends that the European Central Bank (ECB) and the Federal Reserve should be awarded powers over the regulation of bitcoin in order to monitor the potential threats posed by the cryptocurrency.

Direct Relief and ChangeTip have launched an eight-day fundraising campaign, as they look for bitcoin donations to buy vitamins for pregnant women in Africa.

Heartland Payment Systems has certified payment software provider Digital Dining to provide a new, secure point of sale solution for restaurants in the US

Uber has agreed to enter a strategic partnership with Bharti Airtel, one of India’s largest telecommunication companies. Customers will now be able to pay for their taxis without the need for cash, as well as receiving free Wi-Fi.

Senior executives from Visa, MasterCard and Worldpay have all joined Emergent Payments, a recently relaunched payments company that specialises in improving the transaction process for digital businesses.

In this infographic, virtual currency processor BitPay gives us a snapshot of how bitcoin has grown from a novelty digital currency into a universally accepted payment method. BitPay also reveals the top employers within the bitcoin industry.