NASDAQ could become the first regulated Bitcoin exchange in New York.

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Topic: NASDAQ could become the first regulated Bitcoin exchange in New York. (Read 695 times)

commandrix (OP)

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NASDAQ could become the first regulated Bitcoin exchange in New York.

June 26, 2014, 03:05:54 PM

NASDAQ is best known for being the home of tech stocks and is working with the New York Department of Financial Services to create rules for trading Bitcoin. I'm sure everyone's going to weigh in on this one. The good part is that it could theoretically tie up some of the loose ends that caused the Mt. Gox implosion. The bad part is that, well, you know how Wall Street can be, especially when everybody panics. http://nypost.com/2014/06/25/its-david-vs-goliath-in-race-to-launch-nys-first-regulated-bitcoin-exchange/

Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.

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