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Hong Kong Bitcoin platform ANX acquires CoinMKT; eyes US market

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ANX’s COO David Chapman said the acquisition will strengthen its footprint in the Americas

Image credit: ANX

Image credit: ANX

ANX today announced that it has acquired CoinMKT for an undisclosed amount to expand its global presence. ANX describes itself as an emerging bitcoin platform based in Hong Kong.

CoinMKT is from Santa Monica, California, and will continue to operate under the same brand, but will be under the ANX umbrella of companies, on ANX technology, according to a statement.

Also Read: Bitspark and Artabit offer Indonesians cheap Bitcoin-based remittance service

ANX’s COO David Chapman said the acquisition will strengthen its footprint in the Americas. It plans to bring on board new partners to offer local bank transfers and MTB licenses throughout the United States.

Both ANX and CoinMKT were founded in 2013. ANX recently also acquired Justcoin, a cryptocurrency platform based in Europe.

Reuters today reported that American Internet entrepreneurs Cameron and Tyler Winklevoss are expected to debut a US bitcoin exchange in Q1 2015.

Meanwhile, The Wall Street Journal reported that first licensed US bitcoin exchanged (by Coinbase) will officially open today in 24 states.

Here, in Southeast Asia, bitcoin has been in the news for the wrong reasons. Bloomberg reported that Bitcoin website Bitcoinhyip.org was ‘charged with securities fraud after 72 others like it were seized and shut down this month by Manhattan’s district attorney’.

The post Hong Kong Bitcoin platform ANX acquires CoinMKT; eyes US market appeared first on e27.


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