Published on July 21st, 2015 | by bitcoin0
Bitcoin Exchanges Affect Canada’s Economic and Political Climate
There have been persistent rumors for some time here that New York-based digital currencies exchange Coinbase is planning to expand into the Canadian market.
One of the largest exchanges in the world, and a benchmark for the NYSE’s bitcoin index NYXBT, Coinbase was named one of the 50 “Smart companies” of 2015 by MIT Technology Review.
Cointrader, Coinsetter (CAVirtex) and Kraken, along with a number of smaller exchanges such as CoinSquare, make up the remaining 20 percent.
“The company recently acquired CaVirtex and plans to lead the Canadian Bitcoin exchanges in the country,” Coinsetter CEO Jaron Lukasiewicz said in an interview with Bitcoinist.
Amber D. Scott, CEO of Outlier Solutions notes that, at least for now,
“The obligations that are placed on exchanges (security, compliance, etc.)