UK: Coinfloor to enable Bitcoin - USD/EUR/PLN exchange

Monday 20 October 2014 14:51 CET | News

Coinfloor, a UK-based Bitcoin exchange, is planning to expand its operations by including more fiat currencies to be traded with Bitcoin.

The fiat currencies in question, which the Bitcoin exchange will accept from 21 October 2014, are: USD, EUR and PLN, reports, citing the Financial Times news agency. The exchange, which was founded in 2012, has become the largest exchange for Bitcoin-GBP transactions by volume of currency traded.

There are voices claiming that the exchange will also close a funding round of about GBP 1 million (USD 1.6 million) in November 2014, which will increase the company value at GBP 8 million.

The latest funding round is expected to include current investors such as venture group Passion Capital and Taavet Hinrikus, chief executive and co-founder of TransferWise, a money transfer company.

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Keywords: UK, Coinfloor, Bitcoin, exchange, transfers, USD, EUR, PLN, cryptocurrency, digital currency
Categories: DeFi & Crypto & Web3
Countries: World
This article is part of category

DeFi & Crypto & Web3