BitPay, the leading processor of Bitcoin payments, has said that the biggest Bitcoin companies should look to cooperate more, and suggested that they form a "Bitcoin Association" to help promote the currency. Sonny Singh, Chief Commercial Officer at BitPay, said that Coinbase, Circle, and Xapo are the kind of companies he would like to see further cooperation with. The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.
BitPay, the leading processor of Bitcoin payments, has said that the biggest Bitcoin companies should look to cooperate more, and suggested that they form a "Bitcoin Association" to help promote the currency. Sonny Singh, Chief Commercial Officer at BitPay, said that Coinbase, Circle, and Xapo are the kind of companies he would like to see further cooperation with. The emergence of a Bitcoin Association would represent a further step towards the mainstream for Bitcoin, as members of the Bitcoin community seek to throw off the association the digital currency has with crime and unscrupulous activity.