BitcoinShop, Inc. was the the first publicly traded company with Bitcoin in the US. Recently they started to accept other virtual currencies such as Litecoin and Dogecoin.
According to companies profile and advertisement:
“Similar to other online retailers with solely an online presence, such as Amazon, eBay, or Rakuten, we aim to present a traditional browse and checkout process to our customers, the major difference being able to pay with virtual currencies at checkout instead of Fiat Currency. We serve as a medium between consumers wishing to spend Bitcoin or Litecoin and sellers wishing to receive sales”.
The BitcoinShop.us marketplace was designed by Michal Handerhan and Tim Sidie in August 2013, as "Amazon, but with Bitcoin”.
Today BitcoinShop.us aims to become a leading virtual currency marketplace and allow merchants to sell their goods and services in any virtual currency.
New Partnership
To improve companies’ services last week BitcoinShop.us announced that it has appointed Marcum LLP as its independent registered public accounting firm.
"As we continue to make progress within the high growth digital currency ecommerce industry, it was of critical importance to engage a nationally known auditing firm with a strong reputation for their expertise in auditing financial reports with accuracy,” commented Charles Allen, CEO of Bitcoin Shop. “At Bitcoin Shop, we are committed to providing our shareholders with the highest level of transparency, financial reporting standards and corporate governance."
Marcum is one of the most reliable firms offering independent public accounting and advisory services in the US. Since the beginning of Marcum Group’s work in 1951 it has achieved a reputation as a leader at a national and regional level.
The contract between BitcoinShop and Marcum LLP will conclude on December 31, 2014. This partnership must improve both BitcoinShop’s work and reputation, and at the same time could increase the level of adoption of digital currencies in society.