Tags: Bitcoin

Industry and European Commission-backed Internet Watch Foundation said in its latest report that its researchers have found one website that accepts Bitcoin payments in exchange for child pornographic materials, the Telegraph said.

The Associated Press report said that Mt Gox has been investigating the financial discrepancy that caused the virtual money exchange to shutter down last week.

Federal Reserve Chairwoman Janet Yellen has told a Senate Banking Committee on Thursday that the agency does not have authority to supervise or regulate Bitcoin, Techspot said in a report.