Bitcoin may be getting some of its groove back.
Coinbase, a startup that develops a mobile wallet to buy and store the digital currency, announced Monday that it is launching the first licensed Bitcoin exchange in the United States with the goal to provide a more "reliable and secure platform" for trading bitcoins.
"We believe Coinbase Exchange will bring stability and trust to the exchange space," the startup wrote in a blog post. Coinbase has been at the forefront of legitimizing — or attempting to legitimize — the Bitcoin space in part by raising more than $100 million in funding from major VC firms and even The New York Stock Exchange. Read more...
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