Canada Looks for Bitcoin Exchange Leader Amid Market Turmoil

Bitcoin, Canada4 bitcoin exchanges was a lot of, according to Dave Bradley, the operator of Calgary-based over-the-counter (OTC) bitcoin brokerage Bitcoin Brains.

Bradley is describing CAVIRTEX, Cointrader, Quadriga CX and Vault of Satoshi, what had been the four exchanges serving the Canadian market at the start of 2015. In the last two months, nevertheless, both CAVIRTEX and Vault of Satoshi, the marketplace’s earliest and perhaps most visible bitcoin trading platforms, abruptly closed.

The unexpected shutdown of CAVIRTEX, in specific, has captured much of Canada’s bitcoin environment by surprise, the notice following on the heels of the decision by the province of Quebec to need licensing for bitcoin trading platforms, a move that even more thrust policy in the nation into uncertainty.Continue reading at CoinDesk CoinDesk

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