---
title: Bitcoin Blog | Bitcoin Trading | itBit | Charles Cascarilla, CEO
description: Charles Cascarilla is the CEO and co-founder of Paxos. He co-founded institutional asset management complex Cedar Hill Capital Partners in 2005 and its venture capital subsidiary, Liberty City Ventures, in 2012. He also sits on the Governing Board of the Hyperledger Project. Earlier in his career, Chad was a portfolio manager at Claiborne Capital and worked at both Bank of America Securities and Goldman Sachs. Chad holds a BBA in Finance from the University of Notre Dame and is a CFA charter holder.
---

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# [ITBIT NEWS & BLOG](https://www.itbit.com/blog)

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#### Charles Cascarilla, CEO

Charles Cascarilla is the CEO and co-founder of Paxos. He co-founded institutional asset management complex Cedar Hill Capital Partners in 2005 and its venture capital subsidiary, Liberty City Ventures, in 2012. He also sits on the Governing Board of the Hyperledger Project. Earlier in his career, Chad was a portfolio manager at Claiborne Capital and worked at both Bank of America Securities and Goldman Sachs. Chad holds a BBA in Finance from the University of Notre Dame and is a CFA charter holder.

## [Introducing Paxos Standard (PAX), the new digital dollar](https://insights.paxos.com/blog/introducing-pax)

September 14, 2018 at 2:21 PM | [Charles Cascarilla, CEO](https://insights.paxos.com/blog/author/charles-cascarilla-ceo)

[**READ MORE**](https://insights.paxos.com/blog/introducing-pax)

[![](https://insights.paxos.com/hubfs/Paxos_Standard_Fnl-2.jpg)](https://insights.paxos.com/blog/introducing-pax)

## [Breaking Ground in the United States](https://insights.paxos.com/blog/breaking-ground-in-the-united-states)

May 7, 2015 at 11:00 AM | [Charles Cascarilla, CEO](https://insights.paxos.com/blog/author/charles-cascarilla-ceo)

Today, we opened our doors to all customers in the United States to trade on itBit. This has been our prime objective ever since we [established our headquarters](https://www.itbit.com/blog/leading-itbit-into-a-new-era) in New York last July. We’ve spent a lot of time and resources to get to this place - so I’d like to to share why we think it’s...

[**READ MORE**](https://insights.paxos.com/blog/breaking-ground-in-the-united-states)

[![](https://insights.paxos.com/hubfs/Breaking-ground-in-the-Untied-States.png)](https://insights.paxos.com/blog/breaking-ground-in-the-united-states)

## [Crypto Markets & Technology Q&A with Bobby Cho](https://insights.paxos.com/blog/crypto-markets-and-technology-qa-bobby-cho)

October 9, 2014 at 2:00 PM | [Charles Cascarilla, CEO](https://insights.paxos.com/blog/author/charles-cascarilla-ceo)

*itBit's Bobby Cho recently sat down with Pete Harris of **[Crypto Markets & Technology](http://harris-on.typepad.com/cryptomarketsandtech/)** for a brief **[Q&A](http://harris-on.typepad.com/cryptomarketsandtech/2014/10/qa-bobby-cho-director-itbit.html)** on itBit and the state of regulation and compliance in the digital currency industry.*

[**READ MORE**](https://insights.paxos.com/blog/crypto-markets-and-technology-qa-bobby-cho)

[![](https://insights.paxos.com/hs-fs/hub/424565/file-2030222680.png)](https://insights.paxos.com/blog/crypto-markets-and-technology-qa-bobby-cho)

## [Video: When Will Wall Street Join the Party?](https://insights.paxos.com/blog/video-when-will-wall-street-join-the-party)

August 8, 2014 at 11:00 AM | [Charles Cascarilla, CEO](https://insights.paxos.com/blog/author/charles-cascarilla-ceo)

In July, itBit CEO Charles Cascarilla participated in a colorful and informative panel discussion at **[CoinSummit London 2014](http://www.coinsumm.it/) **focusing on the current relationship between the digital currency industry and Wall Street. The free-flowing conversation touched on key topics ranging from regulatory...

[**READ MORE**](https://insights.paxos.com/blog/video-when-will-wall-street-join-the-party)

[![](https://insights.paxos.com/hs-fs/hub/424565/file-2067041831.png)](https://insights.paxos.com/blog/video-when-will-wall-street-join-the-party)

## [itBit to Comply with NY DFS BitLicense Regulatory Guidelines](https://insights.paxos.com/blog/itbit-to-comply-with-ny-dfs-bitlicense-regulatory-guidelines)

July 17, 2014 at 9:30 AM | [Charles Cascarilla, CEO](https://insights.paxos.com/blog/author/charles-cascarilla-ceo)

itBit today reaffirms its intention to meet full regulatory compliance with the New York Department of Financial Services BitLicense.

[**READ MORE**](https://insights.paxos.com/blog/itbit-to-comply-with-ny-dfs-bitlicense-regulatory-guidelines)

[![](https://insights.paxos.com/hs-fs/hub/424565/file-2067441194.png)](https://insights.paxos.com/blog/itbit-to-comply-with-ny-dfs-bitlicense-regulatory-guidelines)

## [Leading itBit into a New Era](https://insights.paxos.com/blog/leading-itbit-into-a-new-era)

July 7, 2014 at 11:00 AM | [Charles Cascarilla, CEO](https://insights.paxos.com/blog/author/charles-cascarilla-ceo)

It was four years ago, back in early 2010, when I first heard about Bitcoin. Like most people, I thought it was a little wild, very ambitious, but ultimately, extremely intriguing. I bought my first bitcoin for just five cents, and since then, Bitcoin has only grown in its significance and...

[**READ MORE**](https://insights.paxos.com/blog/leading-itbit-into-a-new-era)

[![](https://insights.paxos.com/hs-fs/hub/424565/file-2067597422.png)](https://insights.paxos.com/blog/leading-itbit-into-a-new-era)

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Crypto asset trading involves a high degree of risk. The crypto asset market is new and unproven and may not grow. Currently, there is relatively small use of crypto assets in the retail and commercial marketplace in comparison to relatively large use by speculators, thus contributing to price volatility that could adversely affect an investment in crypto assets. In order to participate in the trading of crypto assets, you should be capable of evaluating the merits and risks of the investment and be able to bear the economic risk of losing your entire investment. No material at this site should be considered as an offer by itBit to sell or solicitation by itBit of any offer to buy bitcoin or other crypto assets.