ItBit

2016-09-20T15:20:57Z

Bitcoinburrow: itBit now Paxos

{{infobox company|name=itBit Trust Company, LLC|image=[[File:itBit.png|256px]]
|location=Singapore<br>New York City, NY, United States
|industry=[[exchange]]
|foundation=April, 2012
|founder=[[Charles Cascarilla]], [[Richmond Teo]]
|twitter=itBit
|facebook=itbitwelcome
|website=https://www.itbit.com
}}'''itBit''' is the Bitcoin branch of NY based blockchain company Paxos. itBit re-branded as Paxos in September 2016.<ref>[http://www.coindesk.com/itbit-rebrands-paxos-amid-blockchain-pivot/ CoinDesk: ItBit Rebrands as Paxos Amid Blockchain Pivot"]</ref>

On May 6th 2015, Paxos became the first bitcoin exchange to become a trust company, receiving a charter from the NYDFS.<ref>[https://twitter.com/BenLawsky/status/596329021694210049 Ben Lawsky on Twitter: "Big day. New York issues first charter to a virtual currency company: @itBit (a Bitcoin Exchange) http://t.co/CXrYTrtpGk"]</ref>

==References==
<references/>

[[Category:Bitcoin]]
[[Category:Exchanges]]
[[Category:Introduction]]
{{lowercase}}

Bitcoin Wiki - User contributions [en]

ItBit