Bitcoin Worries ‘Fading’ as Crypto Goes Mainstream, S&P Says

Bitcoin Worries 'Fading' as Crypto Goes Mainstream, S&P Says

Bitcoin has “a lot of similarities” with gold, and consumer fears of the cryptocurrency being stolen are fading, according to a new report from a unit of the bond-rating and investment-index firm Standard & Poor’s.

“Concerns of bitcoin theft were rampant a few years ago,” Jim Wiederhold, associate director for commodities and real assets for S&P Dow Jones Indices, said in excerpts of the report emailed by a press representative for the New York-based company. “As Bitcoin becomes…

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