User:Vipul/Coinfloor
Coinfloor is a London-based Bitcoin exchange.[1] It distinguishes itself from other exchanges on the grounds that it is venture capital-backed and aims to be as clean as possible from money laundering and other nefarious activities.[2][3][4] By allowing direct conversion between bitcoins and the British Pound (sterling), it also aims to reduce the inconvenience of a two-step conversion that people holding the sterling used to have to go through.[4] It is backed by Passion Capital as well as Transferwise founder Taavet Hinrikus.[2]
History
[edit]The launch of Coinfloor was announced in late October 2013, with Coinfloor registering in October 29, 2013 in the United Kingdom with the aim of beginning trading on November 5, 2013.[2][5][6][3][7]
Trading was originally scheduled to begin November 5, 2013 but got delayed.[4]
Reception
[edit]Initial media coverage in late October 2013, following Coinfloor's registration, focused on how its venture capital backing and the use of strict entry controls to prevent money laundering could help it succeed and make Bitcoin trading more mainstream.[2][3][4][7]
In January 2014, Coinfloor was mentioned in some articles about the pros and cons and projected future trends for trading in Bitcoin.[8][9]
See also
[edit]External links
[edit]References
[edit]- ^ "Coinfloor Limited". Retrieved January 21, 2014.
- ^ a b c d O'Hear, Steve (October 29, 2013). "Coinfloor Is A New UK-Based Bitcoin Exchange Backed By Passion Capital And Transferwise Founder Taavet Hinrikus". TechCrunch. Retrieved January 22, 2014.
{{cite web}}: Italic or bold markup not allowed in:|publisher=(help) - ^ a b c Li, Shan (October 30, 2013). "Coinfloor says it is committed to fighting money laundering". Los Angeles Times. Retrieved January 22, 2014.
{{cite web}}: Italic or bold markup not allowed in:|publisher=(help) - ^ a b c d Bown, Jessica (November 10, 2013). "Bitcoin exchange launch is delayed: Warning for investors in virtual currency". Sunday Times. Retrieved January 22, 2014.
{{cite web}}: Italic or bold markup not allowed in:|publisher=(help) - ^ Solon, Olivia (October 29, 2013). "London-based Bitcoin exchange Coinfloor opens for business". Wired. Retrieved January 22, 2014.
{{cite web}}: Italic or bold markup not allowed in:|publisher=(help) - ^ Meyer, David (October 29, 2013). "Bitcoin regulation? New London-based exchange Coinfloor will worry about that later". GigaOm. Retrieved January 22, 2014.
- ^ a b Skoyles, Jan (October 31, 2013). "Thoughts on Coinfloor". Retrieved January 22, 2014.
- ^ Prosser, David (January 10, 2014). "David Prosser: Britain's SMEs should weigh up the pros and cons of Bitcoins before trading in the virtual currency". The Independent (UK). Retrieved January 22, 2014.
{{cite web}}: Italic or bold markup not allowed in:|publisher=(help) - ^ "Bitcoin: Will Europe's VCs embrace the phenomenon?". unquite. January 21, 2014. Retrieved January 22, 2014.