Bitcoin  

What is cryptocurrency and where did it come from?

This article is part of
Guide to bitcoin and blockchain

Other companies are starting to launch special digital wallets, where investors can put all their virtual currency and see the information all in one place - like a form of the pensions dashboard for cryptocurrency. 

Some, such as international advisory firm deVere Group, are launching applications to help individual investors manage their cryptocurrencies in one place. 

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In recent weeks, Bitcoin futures have launched on some major US exchanges, which according to Mr O'Connor, has been "an important step in the development of the cryptocurrency, giving it greater familiarity and wider usage".

Such developments are helping to form some semblance of order, security and community, taking cryptocurrency further away from the rumoured associations of its black-market and criminal use, where untraceable payments can be made for the purposes of money-laundering, for example, towards greater legitimacy.

simoney.kyriakou@ft.com