New York-based Bitcoin exchange Coinsetter has announced the acquisition of Canadian Virtual Exchange, founded in 2011 and mostly known as CAVIRTEX. Coinsetter’s decision marks the beginning of a new expansion project in the global BTC exchange market. According to the US platform, the acquisition “represents one of the largest M&A [mergers and acquisitions]deals to take place in the ... Bitcoin operations in Canada have taken a hit earlier this year, as two of its major exchanges had to shut down. Both Vault of Satoshi and CaVirtex — the leading Canadian bitcoin exchange — halted all Bitcoin-related services in Q1 of 2015. However, it looks like CaVirtex is far from done, as the exchange platform was recently acquired by New York-based bitcoin exchange Coinsetter. Canada becomes the Global Leader in Bitcoin Teller Machines (BTMs) as CAVIRTEX, country’s first and largest full service Bitcoin exchange, has just launched 6 BTMs in Toronto. In Canada the major problem for local cryptocurrency exchanges is banking. This issue has booted major Bitcoin exchanges like Kraken, Coinsetter/Virtex, and Coinbase from Canada. Taurus, Coinsquare and QuadrigaCX are still working in the jurisdiction of Canada. Cole Petersen · 5 days ago · 2 min read · Insights via Binance . How IOHK built Cardano from the ground up Priyeshu Garg · 4 days ago · 5 min read · Insights via Charles Hoskinson . Bitcoin breaking $14,000 will bring a new “regime” of market dynamics Nick Chong · 4 days ago · 2 min read . Ethereum hit a $46b valuation with 1 value accrual mechanism. Wait until there are three Nick ... Bitcoin ATMs have seemingly thrived in Canada since the arrival of the Robocoin ATM, which launched first in a downtown Vancouver coffee shop. Since then, a number of other ATMs (from other manufacturers like Ottawa-based BitAccess) have been launched in the country and are seeing varying degrees of success (the Vancouver ATM pulled $1 million transactions in a month). Tags: atm bitcoinatms ... Binance USD's current price is $1.000. Binance USD has a marketcap of $426.34 M. Its price changed -0.45% down in the last 24 hours.
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