“The leading cryptocurrency will be the world’s future financial settlement network” says Obi Nwosu, chief executive of London-based cryptocurrency exchange Coinfloor.VIEW MORE
Clearer regulation is going to be a good thing for the UK and EU. It will bring more certainty for users, service providers like us, and our institutional and financial suppliers
In terms of its first killer app – namely being a digital inflation-resistant store of value that is accessible to all – Bitcoin has already reached maturity and is seeing sections of the mainstream market using it.
Coinfloor, the U.K.’s longest-running cryptocurrency exchange, plans to delist ethereum next month, citing an unclear future of hard forks and the need for onerous technical support for the second-biggest coin by market capitalization.VIEW MORE
Paul Amery of New Money Review interviews David Carlisle, head of community at Elliptic, and Obi Nwosu, chief executive at Coinfloor.LISTEN
Obi shares his views on money, what makes a good money and the emergence of Bitcoin. Among other topics, they also explore how Bitcoin can be considered a money and contrast it with other Store of Value assets such as Real Estate and Stocks.WATCH VIDEO
Bitcoin, particularly over the long run, has the potential to become a new type of currency or payment system, but right now its most visible use case is digital gold.
Both bitcoin and gold have been robust in the face of geopolitical instability. We’ve seen interest in bitcoin as a stock market hedge and uncorrelated asset class.
Obi Nwosu, CEO of Coinfloor, predicts that a “great unbundling of crypto exchanges” could begin within the next year or so. Nwosu said leading venues like Binance and Coinbase will have to focus on one particular vertical if they want to remain competitive.VIEW MORE
Bitcoin exchange Coinfloor will now offer fiat bank accounts to companies that handle cryptocurrencies. This is important because crypto companies have long struggled to find banking partners.VIEW MORE
Venture capital firms Polychain Capital and Digital Currency Group (DCG) have invested an undisclosed sum in cryptocurrency futures exchange CoinFLEX [a spin off of Coinfloor].VIEW MORE
Obi Nwosu, founder and chief executive of Coinfloor, a crypto exchange collective, says: "There are about two billion people who are unbanked or underbanked. Bitcoin and cryptos give these people access at much lower cost, but admittedly with less protection. Coinfloor hopes to solve the volatility issue by attracting far more money into the sector in the belief that greater trading volumes will lead to a more efficient market.”VIEW MORE
UK Government’s Treasury Department Select committee session on digital currencies with evidence from Blockchain, Coinfloor, CryptoUK and FT AlphavilleWATCH VIDEO
I know that in a lot of circles, regulation and crypto don’t go together, but for any market to gain volume, institutional investors need to be involved and they’re currently cautious due to a lack of regulation – they need a stable framework to manage counterparty risk and risk to consumersVIEW MORE
Obi joined a panel at TOKEN2049, a major cryptocurrency conference in Hong Kong, to discuss experiences in building businesses in the Exchange space including their experiences in the 2017 ‘bull market’.WATCH VIDEO
Coinfloor’s CEO Obi discusses Coinfloor’s position in the market, Cryptocurrency regulation and physically delivered Bitcoin futures.LISTEN
[Bitcoin] has certainly become a talking point: “How to buy bitcoin” was the UK’s second most popular “how to” query on Google this year.VIEW MORE
Obi makes the case for Bitcoin and debates its suitability as a Store of Value, Medium of Exchange and Unit of Account.WATCH VIDEO
Adam Knight, who has been an angel investor in London since leaving Credit Suisse in 2011, has become executive chairman of Coinfloor and taken a stake in the company in a fresh fundraising round.VIEW MORE
The U.K. exchange, called Coinfloor, is one of the first to try to prove it is solvent by publishing a list of accounts and balances…all encoded of course so only users with account keys can read it.VIEW MORE
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