ICE<Coinbase to open first regulated U.S. Bitcoin exchange
Coinbase, a startup backed by $106M from the NYSE (NYSE:ICE), banks and venture-capital firms, will open the first licensed Bitcoin (COIN, OTCQB:BTCS) exchange in the U.S. today.
Assuring traders that their money won’t disappear, the company says it has insurance.
Coinbase’s founders say they have been working for five months to win licenses from state financial regulators, and they now have approval to conduct business in half of all U.S. states.
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