Digital Currency Group Digital Currency Group Digital Currency Group (DCG) is a venture capital company focusing on the digital currency market. It is located in New York City. Digital Currency Group was launched in 2015 by Barry Silbert, who previously founded SecondMarket, Inc.. He began investing in bitcoin companies in 2013, first as an angel investor, and provided funding for many of the earliest companies including Coinbase, BitPay, and Ripple. Digital Currency Group was formed when two businesses built under the SecondMarket parent company – Genesis Global Trading, a bitcoin OTC trading firm, and Grayscale Investments, a digital currency asset management firm that
Digital gold currency e-gold complied with all other terms of its plea agreement, it was not able to obtain money transmitting licenses due to its guilty plea. Since returning value to customers could constitute money transmitting without a license, e-gold entered into an agreement in 2010 with the US Government to enable e-gold account holders to claim the "monetized value" of their accounts, collectively valued in excess of 90 million US Dollars. 1mdc was a digital gold currency backed by e-gold rather than by physical gold. In April 27, 2007, a US court ordered e-gold to freeze or block the e-gold accounts 1mdc