Latest Bitcoin News by Category: Bitcoin Exchanges

New York Department of Financial Services releases “BitLicense” rules draft

Posted on 17th July, 2014

The New York Department of Financial Services (NYDFN) published the draft version of their regulatory framework for bitcoin and other digital currencies this morning. The “BitLicense” rules are aimed largely at digital currency service providers, such as exchanges and hosted wallet companies, and would effectively exempt any company using a third-party bitcoin payment service from […]

BitOcean and Atlas ATS announce bid to buy Mt.Gox assets

Posted on 15th July, 2014

As the burned-out husk of Mt.Gox winds its way through the Japanese bankruptcy system, a new partnership between Chinese ATM maker BitOcean and New York-based exchange-platform provider Atlas ATS will soon be vying for its assets. The company, BitOcean Japan, was profiled by the Wall Street Journal yesterday. According to the story, the partnership has […]

Swedish bitcoin exchange Safello picks up $250,000 in funding

Posted on 11th July, 2014

Earlier this year, Swedish bitcoin exchange Safello made headlines for snagging roughly $600,000 in venture capital from some of the heaviest hitters in the bitcoin world: Erik Voorhees, Roger Ver and Blockchain.info CEO Nicolas Cary. Yesterday, Safello announced that it had raised an additional $250,000 in VC funds, this time from Bitcoin Opportunity Corp (BOC), […]

Is itBit’s New York relocation an indicator of things to come?

Posted on 8th July, 2014

In a blog post published yesterday, Singapore-based bitcoin exchange itBit announced plans to relocate its main office halfway across the planet to New York City. The move appears to signal a growing sense that the safest setting for bitcoin-based trading is no longer the relatively permissive Southeast Asian city-state, but rather the soon-to-be regulated by […]

Is litecoin’s crash an indicator of a “decoupling” from bitcoin?

Posted on 4th July, 2014

As bitcoin’s price was recovering to pre-Mt.Gox collapse levels this week, competing cryptocurrency litecoin (LTC) was dropping in like a stone. On July 1, LTC fell from nearly $9 to $7.90, one of the most dramatic crashes it has experienced in months, and the overall downward trend has continued heading into the July 4th weekend. […]

Venture capitalist Tim Draper revealed as winner of Silk Road auction

Posted on 2nd July, 2014

Earlier today, venture capitalist and angel investor Tim Draper announced that he was the sole winner of the nearly 30,000 BTC auction of bitcoins seized from the Silk Road. Draper’s firm, Draper Fisher Jurvetson, is extremely well known in investment circles, backing high-profile projects like Skype, Hotmail and Tesla Motors long before they were known […]

Mt.Gox CEO Mark Karpeles breaks silence on failed exchange

Posted on 27th June, 2014

There are few people in the bitcoin community in need of a public-relations makeover more than Mark Karpeles. As the sole person in charge of the code when Mt.Gox lost roughly $500,000,000 in customer deposits, Karpeles has become the target of ridicule, anger, death threats, lawsuits and criminal investigations. While all of that is completely […]

Forbes: Bitcoin’s “backbone” controlled by “two young Slovenians”

Posted on 26th June, 2014

It’s hardly a secret that one of the bitcoin community’s weakest links are its legacy exchanges. Less than six months ago, the failure of the then-biggest and best-known exchange, Mt.Gox, unleashed a tidal wave of negative coverage that still colors the public perception of digital currency. While a new generation of cryptocurrecy exchanges like Vault […]

Is NASDAQ creating a bitcoin exchange?

Posted on 25th June, 2014

The New York Post reported today that the NASDAQ, one of the largest stock exchanges in the world, is quietly building a bitcoin exchange. With regulators at the New York Department of Financial Services widely expected to publish new rules for bitcoin exchanges by the end of summer, the tech-friendly NASDAQ is in a strong […]

Report: Swiss regulators approve bitcoin ATM network

Posted on 20th June, 2014

Regulators in Switzerland have approved a plan by bitcoin ATM operator SBEX SA to launch their planned network of machines across the country. Earlier this month, the Swiss Financial Market Supervisory Authority (FINMA) halted plans by another bitcoin startup, Bitcoin Suisse AG, pending a legal review. With the regulatory issues seemingly resolved, SBEX can now […]