Media playback is unsupported on your device

US Bitcoin hearings: Regulator tackles virtual currency

28 January 2014 Last updated at 11:09 GMT

New York's Department of Financial Services is to start two days of hearings on the virtual currency, Bitcoin, on Tuesday.

This comes just a day after authorities charged two men in connection with money laundering using, Bitcoin exchanges.

The hearings are more fact-finding in nature, but if New York clears the way for Bitcoin to enter more widespread use, it could be a game-changing moment for digital currencies.

Samira Hussain reports from New York.

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.