Bitcoin Center NYC

The Bitcoin Center started in 2013 in the financial district of New York City, next to the NYSE.[1][2][3] The world’s first live cryptocurrency exchange trading floor[4][5][6][7][8], Nick Spanos founded the center with the purpose of educating people about bitcoin, blockchain and encouraging the trade of cryptocurrency. It has goals to become the first regulated exchange in the world.[9] The center currently promotes bitcoin through a host of events, such as Satoshi Square, music festivals, lectures, and movies[10].

Referred to as “Wall Street’s Cryptocurrency Headquarters”[11][12], the center featured in the 2016 documentary Banking on Bitcoin.[13][14]

Contents

  • 1 U.S. Department of Treasury ruling on live trading
  • 2 First U.S. Senate candidate to officially support cryptocurrency
  • 3 Bitcoin Center Moves
  • 4 References

U.S. Department of Treasury ruling on live trading[edit]

With the introduction of a live trading exchange, there was debate about the legality of the trading floor at the center. Based on a U.S. Treasury Department ruling[15] on January 30, 2014, the center does not fall under their statutes because of the fact that the trading is proprietary and no commissions are taken. [16]

First U.S. Senate candidate to officially support cryptocurrency[edit]

During the center’s launch party Keynote speaker Congressman Steve Stockman (R-TX) announced his acceptance of bitcoin donations for his 2014 Senate campaign, making him the first U.S. Senate candidate to officially support bitcoin. [17]

Bitcoin Center Moves[edit]

Bitcoin Center opened at its new location on 157 Prince street. There is currently a DAVE Bitcoin ATM located at the premises within the 157 Prince Street office.[18][19]

References[edit]

  • ^ Ariel Deschapell (March 22, 2014). “Inside New York’s Bitcoin Centre”. Coindesk.com. Retrieved June 19, 2014. 
  • ^ Azeem Khan (January 7, 2014). “Why the NYC Bitcoin Center Matters”. Huffington Post. Retrieved June 19, 2014. 
  • ^ “New York’s Bitcoin Center: Where The Cryptocurrency Elite And Newbies Gather”. Ibtimes.com. January 24, 2014. Retrieved June 19, 2014. 
  • ^ “Are cryptocurrencies the future, and if so, what kind of a future are they?”. The Jerusalem Post | JPost.com. Retrieved 2018-04-06. 
  • ^ Sputnik. “Russia is Wise to Embrace Blockchain, Shouldn’t Restrict Bitcoin – Specialist”. sputniknews.com. Retrieved 2018-04-06. 
  • ^ שניר, אביחי. “האם הביטקוין הוא כסף, ואם לא – אז מה כן? | ניתוח”. Globes (in Hebrew). Retrieved 2018-04-06. 
  • ^ Tiku, Nitasha. “New York’s Bitcoin Trading Floor Is Real and It Is Ridiculous”. Gawker. Retrieved 2018-04-06. 
  • ^ “We Went Inside The Raucous Bitcoin Trading Pit That Sits In The Shadow Of The New York Stock Exchange”. Business Insider. Retrieved 2018-04-06. 
  • ^ “Bitcoin Comes to Wall Street: The Freeman: Foundation for Economic Education”. Fee.org. February 25, 2014. Retrieved June 19, 2014. 
  • ^ “The Iconic Satoshi Square Meetup RETURNS for 2018!”. Meetup. January 11, 2018. Retrieved April 4, 2018. 
  • ^ ReasonTV (2014-01-28), Wall Street’s Cryptocurrency Headquarters: Inside Bitcoin Center NYC, retrieved 2018-04-06 
  • ^ “Inside Bitcoin Center: The Wall Street Cryptocurrency Headquarters”. Crypto Junction. 29 January 2014. Retrieved 6 April 2018. 
  • ^ Cannucciari, Christopher (2016), Banking on Bitcoin, Wences Casares, Nathanial Popper, Gavin Andresen, retrieved 2018-04-06 
  • ^ CRYPTO (2017-08-02), Nick Spanos // Banking on Bitcoin, retrieved 2018-04-06 
  • ^ “FinCEN Publishes Two Rulings on Virtual Currency Miners and Investors”. Fincen.gov. March 18, 2013. Retrieved June 19, 2014. 
  • ^ Rob Wile and Joe Weisenthal (February 4, 2014). “Live Bitcoin Trading”. Business Insider. Retrieved June 19, 2014. 
  • ^ Azeem Khan (January 7, 2014). “Why the NYC Bitcoin Center Matters”. Huffington Post. Retrieved June 19, 2014. 
  • ^ “Inside a Bitcoin ATM”. Cheddar. Retrieved 2018-04-06. 
  • ^ “Cryptocurrency ‘Bitcoin’ Is Piquing Interest Among Some Investors”. 2017-11-30. Retrieved 2018-04-06. 
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