Cryptocurrency trading platform itBit founders launch separate blockchain brand Paxos LeapRate

September 14, 2016 BY Mike Fox

Cryptocurrency trading platform itBit founders launch separate blockchain brand Paxos

Paxos, a financial technology company delivering revolutionary blockchain solutions for global financial institutions, this week unveiled its new brand. The Paxos team—whose leadership launched itBit, the innovative cryptocurrency trading platform—consists of experienced financial services professionals with post-trade and market infrastructure expertise, leading technologists and engineers. Bankchain was previously recognized under the itBit umbrella, but has become…

June 21, 2016 BY Mike Fox

Euroclear and itBit collaborate on blockchain solution for gold market settlement

Euroclear and itBit, a financial services company delivering blockchain services for capital markets, today announced their collaboration to explore opportunities in creating a next generation settlement service for the London gold market. The settlement of unallocated gold is a very capital-intensive process. Euroclear and itBit are working with relevant market participants to develop a service…

March 30, 2016 BY Maria Nikolova

Hyperledger Project welcomes new members, unveils key appointments

The Linux Foundation, a nonprofit organization enabling mass innovation through open source, on Tuesday announced that the Hyperledger Project has filled a set of key leadership positions and is welcoming new members. The Hyperledger Project is a collective effort to create and sustain an open, distributed ledger platform that will satisfy a variety of use…

February 16, 2016 BY Mike Fox

Bitcoin exchange and brokerage itBit opens London office, appoints EMEA head

Agency bitcoin brokerage and exchange itBit announced today the opening of its London office to expand its presence in Europe, the Middle East and Africa. The company hired Jason Nabi to head the EMEA with an initial focus on the UK market. Until recently, Nabi was global business lead for post-trade services with a major European…

January 07, 2016 BY Mike Fox

Bitcoin exchange and agency brokerage itBit achieves 300% growth in volumes in 2015 with clients in 115 countries

Today agency bitcoin trading service and exchange itBit unveiled their 2015 trading statistics with some milestone achievements. 2015 was an exciting year for itBit’s bitcoin trading services featuring many firsts and strong growth. In May, they launched their bitcoin exchange in the United States after becoming the first company in the space to receive a trust company…

December 04, 2015 BY Mike Fox

itBit Bitcoin OTC volume drops 28% month-over-month for November

Volume of Bitcoin OTC trading at agency brokerage itBit dropped 28% month-over-month in November, the company stated seasonal trends negatively impacted trading volume during Thanksgiving week. Moreover, stagnant price activity was also a factor for the 2nd half of the month. The bitcoin market was relatively quiet following a volatile period in early-November that saw the bitcoin…

September 25, 2015 BY Mike Fox

Bitcoin brokerage itBit now allows for higher withdrawal limits

Clients of itBit can now increase daily and monthly withdrawal limits to USD $15,000.00 and USD $300,000.00 respectively with proper authentication.

September 03, 2015 BY Mike Fox

Regulated bitcoin exchange/platform itBit brings in new CCO and CFO

Appointment of Daniel Alter as General Counsel and CCO, and Kim Petry as CFO bolsters executive team’s regulatory and financial management credentials.

July 22, 2015 BY Mike Fox

Bitcoin exchange itBit introduces 'Global OTC Agency Trading Desk'

itBit explains that it's objective in opening a trading desk is to simply match OTC buyers and sellers. The firm is not acting as a brokerage or a proprietary trading desk and will never trade against clients.

May 06, 2015 BY Mike Fox

itBit's Global Digital Currency Regulatory Roundup: April 2015

April was a slow month for the development and advancement of Bitcoin regulation across the globe. In Europe, regulators seemed to favor a more cautious approach when it came to exploring and crafting potential regulation, while Australian regulatory bodies weighed the costs and benefits of coming up with a comprehensive regulatory plan.

Tag: itBit