“Coinfloor, which is being pitched by its founders as a forum for high-frequency trading in Bitcoin, will open initially only to customers in the UK and the rest of Europe. At the same time, the Bitcoin Foundation, which acts as a US trade group for virtual currency businesses and advocates for Bitcoin, is planning to set up a non-US headquarters, to reflect the possibility that the centre of gravity for innovation will shift abroad. Mark Lamb, founder of Coinfloor, said his company had ambitions to move into the US eventually, but ‘legally it is not safe to open up to US customers in the beginning’.”
http://www.euro2day.gr/ftcom_en/article-ft-en/1149488/new-uk-bitcoin-exchange-to-bar-us-clients.html
Related posts:
Putin Turns Black Gold Into Bullion as Russia Out-Buys World
Obama vows to watch U.S. financial industry to prevent ‘irresponsible behavior’
Country Time Lemonade to help pay fines, permit fees for kids' lemonade stands
Gov. Jan Brewer mistakenly endorses Obama
Many 2011 federal budget cuts had little real-world effect
Google boss: Entire world will be online by 2020
Grandmother sues city, police department over flash grenade incident
U.S. steps up Pakistan surveillance: ‘black budget’ analysis
Former Troy DARE officer sentenced
Venezuela just defaulted, and you may own its debt
Another Amazing Fat Tuesday on Wall Street
‘Citizen Drone Warfare’: Hobbyist explores a frightening scenario
Monsanto, steaks, and chefs: Intellectual property and food
Should Bales Bail?
Sky News cameraman Mick Deane killed in Cairo violence