Coinfloor to Become First ‘Publicly Auditable’ Bitcoin Exchange
16 April, 2014
UK-based bitcoin exchange Coinfloor announced a slew of new updates today, including an over-the-counter (OTC) market for large, institutional bitcoin traders and a “proof of solvency” audit process.
Coinfloor is now also offering 0% commission for all clients for 60 days. The service updates notably follow the exchange’s re-opening of user registration on 27th March, which had been delayed since November.
Perhaps most notable of the announcements was the opening of the OTC market, which Coinfloor suggested would pave the way for institutional investors to begin exploring bitcoin.