U.S. Bitcoin Exchange Makes Debut

Bitcoin payments processor Coinbase on Monday opened a regulated exchange in the United States for trading the virtual currency. Launched just days after Coinbase raised $75 million from blue-chip financial institutions such as the New York Stock Exchange, the Coinbase Exchange was meant to help stabilize the bitcoin network, which has no central regulator or overseer. According to a blog post by the San Francisco-based company, Coinbase users in 24 states and U.S. territories can immediately...

From: Wochit Business

What does the Coinbase exchange mean for bitcoin?

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Coinbase's newest Bitcoin Exchange is regulated and based in the United States. Investment capital for the project came from such conservative institutions such as the NYSE and the USAA. The coinbase exchange is the latest confirmation that Bitcoin is here to stay, and will add increased depth and liquidity to the Bitcoin asset class.

From: Bitcoin Uncensored

Related topics : coinbase exchange states / exchange bitcoin

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Bitcoin Prices Spike After News of First Regulated U.S. Bitcoin Exchange

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Bitcoin may be getting a boost. Coinbase, a startup that develops a mobile wallet to buy and store the digital currency, announced Monday that it is launching the first licensed Bitcoin exchange in the United States. Its goal is to provide a more "reliable and secure platform" for trading bitcoins. The startup wrote in a blog post "We believe Coinbase Exchange will bring stability and trust to the exchange space," . Coinbase has been at the forefront of legitimizing — or attempting to...

From: Wochit News

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