Bitcoin gains industry-backed crypto think tank Coin Center

Cryptocurrency like Bitcoin faces many challenges and obstacles before widespread acceptance and adoption, but now a group called Coin Center has added a new voice of support.
The new organization, dubbed Coin Center, is led by law professor Jerry Brito, a former research fellow at George Mason’s Mercatus Center. Within the announcement, made Thursday, Brito said Coin Center is a “new non-profit research and advocacy center focused on the public policy issues facing cryptocurrency technologies.”
The venture is also backed by a number of prominent figures within the crypto community. The Washington, DC-based group is supported by figures including venture capitalist Marc Andreessen, Balaji Srinivasan, Bitcoin developer Jeff Garzik, Alex Morcos, and economist Susan Athey. Coin Center has also been financially backed by companies and individuals including Hudson River Trading, Union Square Ventures, RRE Ventures, itBit, BitPay and Coinbase.

This post was published at ZDNet on September 22, 2014 —.