Bitstamp Hires Ex-Coinbase Trading Head to Court Wall Street Money
Europe-based crypto exchange Bitstamp has hired former Coinbase trading head and Wall Street veteran Hunter Merghart to lead its U.S. operations.
A federal judge denied a bitcoin user's petition to stop the IRS from gathering data about his cryptocurrency holdings from the Bitstamp exchange.
Bitstamp will begin transferring its assets under management to BitGo's cold wallets on Oct. 10.
Crossing below the $9,000 price level is a new low for February 2020. Bitcoin has not traded below the $9,000 threshold since January 27, when it began a march to new highs in the $10,500 range.
Barclays is no longer banking Coinbase, resulting in delayed fiat withdrawals and deposits for the crypto exchange's U.K. users.
The world's longest running exchange will soon allow deposits and withdrawals made in GBP.