Why U.S. Bitcoin Exchange itBit's Approval Is a Big Step Forward

Startup itBit Trust Co. has become the first U.S. Bitcoin exchange able to offer its services in all 50 states. It's another major step toward mainstream adoption for the digital currency. The New York State Department of Financial Services (NYDFS) granted a trust company charter to New York-based itBit last Thursday. The launch of the itBit exchange is part of a larger trend that shows Bitcoin is the future of finance... Tags: bitcoin exchange , Coinbase exchange , first bitcoin exchange , first U.S. bitcoin exchange , Investing in Bitcoin , itBit , itBit bitcoin exchange , itBit exchange , U.S. bitcoin exchange To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Why U.S. Bitcoin Exchange itBit's Approval Is a Big Step Forward appeared first on Money Morning - We Make Investing Profitable .