Whoever has possibly acquired Gox is not SecondMarket:
As for the end of MtGox, Silbert said the end of MtGox may prove a boon in the longrun to Bitcoin.
"The sooner that MtGox goes away, the better."
More details about what SecondMarket is doing:
Using London's Intercontinental Exchange commodities market as a model, SecondMarket CEO Barry Silbert said he envisions as a hub and spoke arrangement, with his firm serving as a "meta-exchange" through which certified member exchanges and market-makers could trade with one another.
The organization would serve three roles: price discovery, central clearing, and, most ambitiously, as a self-regulatory organization, like FINRA. SecondMarket would front $20 million in cash and Bitcoin assets.
"We have half a dozen conversations ongoing with global banks, a high level of interest and early support from global banks to be part of this," he told BI by phone Tuesday. "We've spent a fair amount of time with regulators, they're very aware of what we're doing."
SecondMarket is also hoping to expand its offering of products for investing in digital currencies.
http://www.businessinsider.com/new-secondmarket-exchange-2014-2
As for the end of MtGox, Silbert said the end of MtGox may prove a boon in the longrun to Bitcoin.
"The sooner that MtGox goes away, the better."
More details about what SecondMarket is doing:
Using London's Intercontinental Exchange commodities market as a model, SecondMarket CEO Barry Silbert said he envisions as a hub and spoke arrangement, with his firm serving as a "meta-exchange" through which certified member exchanges and market-makers could trade with one another.
The organization would serve three roles: price discovery, central clearing, and, most ambitiously, as a self-regulatory organization, like FINRA. SecondMarket would front $20 million in cash and Bitcoin assets.
"We have half a dozen conversations ongoing with global banks, a high level of interest and early support from global banks to be part of this," he told BI by phone Tuesday. "We've spent a fair amount of time with regulators, they're very aware of what we're doing."
SecondMarket is also hoping to expand its offering of products for investing in digital currencies.
http://www.businessinsider.com/new-secondmarket-exchange-2014-2
A kind of Bitcoin central bank then?
