Bitcoin Exchange Kraken Acquires Coinsetter, Launches US Trading

Bitcoin Exchange Kraken Acquires Coinsetter, Launches US Trading

Bitcoin exchange Kraken has announced it has purchased Coinsetter in what amounts to one of the larger mergers of notable brands in the bitcoin ecosystem. As a result of the undisclosed deal, Kraken’s exchange will now be available in 37 US states as well as all 10 Canadian provinces. Coinsetter had previously acquired Canadian bitcoin exchange CAVirtex in April, months after it would close citing security concerns. The sale of New York-based Coinsetter, rumored for months, follows an influx of new and well-capitalized entrants in the US bitcoin exchange market, which has seen startups....


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Quotes

I do think Bitcoin is the first [encrypted money] that has the potential to do something like change the world.

Peter Thiel, Co-Founder of Paypal