This week saw many companies bail out on New York after the BitLicense took full effect, including bitcoin exchanges Kraken and BitFinex, and Bitcoin marketplace Paxful. Much more quietly, another exodus is underway. This one is of the more traditional, mainstream “money changers” on Wall Street, heading towards the freedom of decentralized currency within the Bitcoin ecosystem. Migration from Wall Street to the Blockchain When a person changes companies or starts a new one, it rarely makes global news, but that all changed earlier this year. When Blythe Masters left JP Morgan to begin the Bitcoin startup Digital Asset Holdings, …

Cointelegraph spoke with the CEO of Coinsetter and CAVirtex, Jaron Lukasiewicz, about their new margin trading program, their plans following the purchase of Canada’s largest crypto exchange, and which global city is the real Bitcoin capital. “[Greece showed] there is overwhelmingly important value in financial systems that are not controlled by governments.” - Jaron Lukasiewicz Cointelegraph: Since we last spoke, you said that “New York is the place to be for Bitcoin.” Many would argue that London has now become the new hotspot for Bitcoin and fintech. Has it replaced NYC? Jaron Lukasiewicz: Coinsetter is currently applying for the BitLicense …