First US regulated bitcoin exchange Coinbase opens today

Following a record breaking round of funding for a Bitcoin startup last week in which Coinbase gained a $75 million investment from a series of financial industry stalwarts including the New York Stock Exchange, the regulated Bitcoin exchange opens for business today

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New York State to Bitcoin developers: “Go for it!”

New York State’s Superintendent of Financial Services Benjamin Lawsky has publicly stated that Bitcoin technology developers are free to conduct their business without a license, whereas banks and dealers will require regulation. With technological development at the heart of Bitcoin’s future, New York’s acceptance as a mainstream activity could lead to rapid growth and investment

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