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Topic: [2015-01-26] First U.S. Bitcoin Exchange Set to Open (Read 936 times)

sr. member
Activity: 286
Merit: 255
This is pretty big news, I like it!
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
It's good news for Bitcoin in general with more trusted exchanges the risk of exchange collapse decreases and with more users feeling confident about placing their Bitcoins somewhere besides their own wallets we might see an uptick in adoption as well.
hero member
Activity: 536
Merit: 500
http://www.wsj.com/articles/first-u-s-bitcoin-exchange-set-to-open-1422221641

The virtual currency bitcoin is getting a very real boost on Monday with the opening of the first licensed U.S. exchange.

Coinbase Inc., a startup backed by $106 million from the New York Stock Exchange, banks and venture-capital firms, said its exchange will offer greater security for individuals and institutions to trade bitcoin and monitor real-time pricing of the cryptocurrency.

The exchange could bring needed legitimacy to the currency, which isn’t backed by a central government and is traded over virtual exchanges, primarily overseas. Coinbase said it has insurance, offering traders some assurance that their money won’t disappear.
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