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Technology Stocks : Baidu (BIDU)

BIDU 123.82

+2.8%

Dec 19 9:30 AM EST

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From: Sr K	11/19/2013 1:48:53 AM
	of 2098

Bitcoin also gained further legitimacy and attention when a subsidiary of Baidu Inc., China’s top search engine, started accepting Bitcoins on Oct. 15. Chinese Bitcoin activity has exploded, with the number of yuan-based trades jumping 30-fold in the past two months and making BTC China the top online-exchange by volume. Bitcoin Funds After Baidu’s decision and a documentary on Chinese television on Bitcoins earlier this year, interest in the virtual currency in China took off. BTC China surpassed Mt.Gox and Bitstamp earlier this month as the top market for exchanging Bitcoins with other currencies. . bloomberg.com

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