The Trading Center for Digital Currencies Coinbase has received official approval in the state of New York for the trading of Ether and Litecoin.
This makes Coinbase the first official trading site for Litecoin and the second one for trading Ether in the state of New York. Just under a year ago, Gemini, the stock exchange of the two Winkelvoss twins Cameron and Tyler Winkelvoss, was the first stock exchange to approve the trading of Ether Coins.
Maria Vullo, Chairman of the Department of Financial Services (DFS), announced the official commercial license last Wednesday. She stressed once again that the approval had preceded a careful review.
Brian Armstrong, one of the founders of Coinbase, also expressed a positive decision on the part of the government agency and emphasized the high security standard of the stock market: “Our top priority is to ensure a secure environment for the trading of digital currencies, if not the safest environment in the world. New York is a very important market for us and we are trying to expand the offer further. “
TheBitcoinNews.com – Bitcoin News source since June 2011 –
Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. TheBitcoinNews.com holds several Cryptocurrencies, and this information does NOT constitute investment advice or an offer to invest.
Everything on this website can be seen as Advertisment and most comes from Press Releases, TheBitcoinNews.com is is not responsible for any of the content of or from external sites and feeds. Sponsored posts are always flagged as this, guest posts, guest articles and PRs are most time but NOT always flagged as this. Expert opinions and Price predictions are not supported by us and comes up from 3th part websites.
Advertise with us : Advertise