ItBit News

ItBit is one of the leading cryptocurrency exchange platforms in the United States. The ItBit Bitcoin exchange was founded in 2013 and is currently headquartered in New York. The company also has an official representative in Singapore. The ItBit exchange has become the first company from the Bitcoin industry to get a New York Department of Financial Services’ license and, since then, the company has been renamed as ItBit Trust Company, LLC. ItBit fees for transactions depend on the amount of trade volume made in a month. Withdrawals in Bitcoin and Singaporean dollars are absolutely free of charge. ItBit has some advantages, such as regulation of its activities by federal authority, access from all 50 American states, high liquidity and relatively low fees, with disadvantages such as the absence of mobile applications and unavailability of some kinds of trading.

Coinbase misses the number one spot among platforms on CryptoCompare’s new Exchange Benchmark due to a 2019 Bitcoin price glitch.
Coinbase Fails to Top CryptoCompare’s Exchange Rankings due to 2019 Flash Crash
Helen Partz
Crypto research firm Messari has launched a new index of 10 cryptocurrency exchanges on its OnChainFX dashboard.
Crypto Analytics Firm Messari Introduces New Exchange Index Following Fake Volume Reports
Ana Alexandre
Previously BTC-only exchange itBit is now offering regulated trading and custody services for BCH, ETH, LTC, and XLM in New York.
Former BTC-only Exchange ItBit Gets NY Regulatory Approval to Add Four New Crypto Assets
Molly Jane Zuckerman
Within a BTC price manipulation probe, US regulators have requested trading data from several crypto exchanges, to determine whether traders colluded to manipul...
WSJ: CME and BTC Exchange Dispute Led US Regulators to Open Price Manipulation Probe
Ana Alexandre
Paxos, a Blockchain company formerly known as ItBit, announced its strategic partnership with Euroclear to deploy a Blockchain settlement service for gold marke...
Paxos (ItBit) and Euroclear to Deploy Blockchain Network For Gold Markets
Joseph Young
The latest version of California's “BitLicense” adds new reporting requirements to licensed businesses, Coinbase expands its services to Singapore, and more top...
SEP 3 DIGEST: Proposed California Bitcoin Bill Adds New Reporting Requirements and Coinbase Expands to Singapore
Aaron van Wirdum
New York-based Bitcoin exchange itBit has revealed that it won't use Bitcoin for its upcoming Bankchain project, the NYDFS has so far received 22 BitLicense app...
AUGUST 14 DIGEST: itBit Won't Use Bitcoin for its Banking Project and 22 Bitcoin Companies Have Applied for the BitLicense
Aaron van Wirdum
The former officer of the Chi-X been hired as the CEO of blockchain startup SETL; Hewlett-Packard is blogging about Bitcoin and blockchain, and more news. ...
JUL 27 DIGEST: Former EU Stock Market CEO Joins Blockchain Startup; Hewlett Packard Shows Interest in Bitcoin
Aaron van Wirdum

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