Are You Ready for Digital Currency?

• Published in: Journal of Corporate Accounting & Finance
• Main Authors: Smith, Antoinette, Weismann, Miriam F.
• Format: Article in Journal/Newspaper
• Language: English
• Published: Wiley 2014
• Subjects: Iceland
• Online Access: http://dx.doi.org/10.1002/jcaf.21999; https://api.wiley.com/onlinelibrary/tdm/v1/articles/10.1002%2Fjcaf.21999; https://onlinelibrary.wiley.com/doi/pdf/10.1002/jcaf.21999

Increasingly, companies and customers are beginning to hear, “We accept all major credit cards and Bitcoins.” Virtual or digital currency is a new financial “black box” product that has seeped into the retail market and is slowly becoming the currency of choice for nation states like Iceland. As the cash or treasury manager of your organization, are you ready to take on Bitcoin currency—or any virtual currency, for that matter?