A major win for bitcoin adoption

In another sign that bitcoin is becoming more mainstream, payments processor and e-commerce platform provider Digital River said this week that it will accept the virtual currency. It is one of the first major payment processors to accept bitcoin.

"We don't see it as just a fad going away. We see it as something that is here to stay, even if people are seeing it as just a payment method in general," Souheil Badran, VP and general manager of Digital River, told The Wall Street Journal's MoneyBeat blog. 

Bitcoin provides a way for the company to explore other payment methods. "We are just starting to leverage what mechanisms it can offer to our industry. Do we go from here to look at ledgers and other things we can do with the infrastructure that bitcoin has created?" Badran said. Story