New UK Bitcoin exchange to bar US clients

“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

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