MELBOURNE, Australia—Australia’s main securities exchange is betting on the record-keeping technology that underpins bitcoin to process stock trading in the country. It was the latest piece of positive news for the virtual currency, which has passed milestone after milestone in recent days and recently traded at US$14,097, according to research site CoinDesk. With the rally of about 40% in the past week alone, bitcoin has now risen more than 14-fold in 2017.

Source: Wall Street Journal December 07, 2017 03:56 UTC