VIDEO: Seeing Opportunities In The US, ItBit Relocates To NYC

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As the local governments across the U.S. begin taking the first steps to embrace bitcoin, startups like itBit are working feverishly to stake their claims. The company, which raised $3.25 million last November to launch a bitcoin exchange for institutional investors, is relocating from its current base in Singapore to New York in order to get in on the ground floor of one of the potential hubs for bitcoin.

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