The bitcoin service provider Coinbase is set to make history later
today: it’s going to launch the first licensed US exchange for the
currency, approved in 24 jurisdictions around the country.
Until now, Coinbase has acted as a brokerage for bitcoin users. Now, just like any currency exchange, it will provide a place for both individuals and institutions to trade bitcoin and monitor its real-time pricing — only with greater security than in the past.
It’s perhaps not surprising that Coinbase has managed to gain approval in 24 jurisdictions, including California and New York — because it’s not some kind of hungry young start-up made up of pale-faced hackers. No, it’s an organisation made up those other pale-faced nerds: bankers and venture-capitalists.
Read more to Click here / www.trade4x.net
Until now, Coinbase has acted as a brokerage for bitcoin users. Now, just like any currency exchange, it will provide a place for both individuals and institutions to trade bitcoin and monitor its real-time pricing — only with greater security than in the past.
It’s perhaps not surprising that Coinbase has managed to gain approval in 24 jurisdictions, including California and New York — because it’s not some kind of hungry young start-up made up of pale-faced hackers. No, it’s an organisation made up those other pale-faced nerds: bankers and venture-capitalists.
Read more to Click here / www.trade4x.net
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