Government-approved Bitcoin exchange finally birth, Bizcoin's momentum for full-scale dissemination

ByZennie Abraham

Virtual currency "Bitcoin (bit coin)Major exchange ofCoinbaseHas officially received approval in 24 US states, and an official bit coin exchange "Coinbase ExchangeWe have opened.

Coinbase | Exchange
https://exchange.coinbase.com/

The Coinbase Blog - Coinbase Launches First Regulated Bitcoin Exchange ...
http://blog.coinbase.com/post/109202118547/coinbase-launches-first-regulated-bitcoin-exchange

◆ Coinbase Exchange
Coinbase of a major bit coin exchange launched the service of "Coinbase Exchange", a bit coin exchange officially licensed in 24 states of the United States including New York State, California State and others.


Mt. GoxYaBitstampAccording to Coinbase, 98% of the customer's bit coin is offline wallet (according to Coinbase Exchange), although Coinbase is an exponent where bit coins gather, Cold wallet), so it is safe to take a thorough attitude as it is stored. Actually Coinbase is also under attack from hackers, but repeated systemupdateI am surpassing the attack with.


Coinbase Exchange can only use transactions in the US at the time of article creation and can not be used from Japan. In addition, transactions are based on the US dollar base, and until 30th March 2015 the campaign of free transaction fee is done.

About Coinbase
For trading bit coins onlineWallet appIn addition to Coinbase, "VaultWe also prepared an optional service to store relatively large bit coins safer more safely. In other words, while day-to-day settlement is done with the Wallet app, a lot of bit coins can be managed more safely with the savings wallet Vault and receive more advanced services than other bit coin exchanges.

Also,Mt. Gox bankruptcy disturbanceOn behalf of the bit coin community consisting of major bit coin exchangesAnnounced a joint statement, Coinbase has been responsible for flag banner to declare that the settlement system of bit coin thrown into question by reliability due to bankruptcy of Mt. Gox to make the settlement system more secure, calm the market shake, so to speak Coinbase Exchange, which is positioned as an alliance of the bit coin trading industry, finally got the government's seal-finding service is Coinbase Exchange.


Coinbase prior to the opening of Coinbase ExchangeProcure funds of $ 75 million (about 8.9 billion yen) from the New York Stock Exchange, USAA, BBVA, etc.We have increased capital to 106 million dollars (about 12.5 billion yen). As NTT DoCoMo is participating as a strategic partner in this funding procurement, it can be seen that Coinbase is developing a robust network system.

◆ The future of bit coin service
It is used for illegal drug trading,It is used to pay ransomAnd the underground image The bit coin exchanges, which have received government approval to make transactions of bit coins safer and more reliable, besides Coinbase, besides Coinbase, a large amount of settlement money from Facebook and a bit Winklebos brothers who made a profit in the coin transaction will also open up establishmentGeminiAmong other things such as Coinbase is the form that first made a break.

However, it seems that there is uncertainty as to how much bit-coin transactions will be booming under government control, which is one of the major philosophies to prevent the interference of government and other public authority institutions and to escape from the centralized financial system is.

Nonetheless, bit coin-related services are on the rise in bit coin prices. Bit coin JavaScript librariesBitcoreBirth of a bit coin can be lent and borrowed between individuals "TradeMore"And sports gambling with bit coinsBitbook.ieAs net services such as "appeared," bit-coin related services are growing steadily.


With the birth of Coinbase Exchange authorized by the government, it is no doubt that more people can utilize the excellent function of bit coin as a means of settlement such as small transaction fee and immediacy, Coinbase Exchange seems to be a touchstone whether the opening of a bit coin exchanger that was approved by a government agency will increase.