
“Currently, the top four bitcoin exchanges by volume are located outside of the US, with the world’s leading exchange based in China. Less than 2% of worldwide bitcoin trading and real-time market making occurs within the US jurisdiction. All four of the world’s leading exchanges have demonstrated a capacity for serious, engaged banking relationships that would have been unobtainable in the United States. We have arrived at the point where the US jurisdiction must strategically evaluate a path going forward. Either they enable a climate that appeals to bitcoin exchanges and businesses or they maintain barriers that silently drive innovation in the space overseas.”
http://www.coindesk.com/us-already-ceded-dominance-bitcoin-trading/
Related posts:
Twitter bot alerts for anonymous Wikipedia edits from Capitol Hill
World Service Authority Issues World Passport to Edward Snowden
Torture Memo Author John Yoo: President Can Wage War Without Declaration
Interpol Rolls Out Global Voice Identification Database
snapCard: Shop on all your favourite websites using bitcoins.
Psychedelic Drugs May Help the Brain Repair Itself, Study Finds
Google, Yahoo back doors to US intel agencies: Ex-security official
NSA harvesting hundreds of millions of personal email contact lists
Houston Cops Accused Of Deadly Force On Unarmed, Disabled Man
Police assault, bind Libertarian candidate for 3.5 hours in Detroit
Washington Parents Accused of Child Abuse For Using Marijuana
Can Amazon Fix American Health Care?
Why Have So Many Americans Considered Expatriation?
Three Strikes and You're Out: After 20 Years, Is the Law Working?
Sean’s Outpost Under Attack on Birthday