ItBit CEO on launching a U.S. approved bitcoin exchange

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ItBit CEO on launching a U.S. approved bitcoin exchange

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VIDEO: itBit is the first company in the U.S. to receive a license to operate bitcoin. CEO Chad Cascarilla with more on his bitcoin business.

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Bitcoin trading involves a high degree of risk. The bitcoin market is new and unproven and may not grow. Currently, there is relatively small use of bitcoin 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 bitcoin. In order to participate in the trading of bitcoin, 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.