Report: to accept Bitcoin

New York -- Online discount retailer plans to let shoppers pay with the digital currency Bitcoin starting in June, according to The New York Times.

The report said the retailer is reviewing several third-party firms that facilitate Bitcoin transactions, and that it hopes to have one place by mid-January.

If the plan is carried out, Overstock will be the most prominent retailer to accept Bitcoin as a form of payment.

In related news, Coinsetter Inc. a Bitcoin trading platform, filed to raise $1.5 million. The plans were disclosed in a filing on Friday with the U.S. Securities and Exchange Commission.

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