Coinbase set to open first Bitcoin exchange in the US today


Bitcoin wallet service Coinbase will launch the US’ first Bitcoin exchange later today, reports The Wall Street Journal. The news comes just days after the Winklevoss twins announced their plans to open a Bitcoin exchange this year. The exchange will allow individuals and companies to do business in about half the states in the US where Coinbase has regulatory approval. Coinbase will take a 0.25 percent cut of most transactions and waive fees for the first two months. Coinbase, which has 2.1 million consumer wallets and 38,000 merchants processing Bitcoin payments through its platform, received $75 million in funding, in…

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