Technological enhancements have been the focus of this summer at Coinsetter, which recently introduced biometric facial recognition and fingerprint security in order to quell concerns about security.
As fall commences, the Bitcoin exchange has released a further innovation, this time a proprietary HTML5 mobile trading app. Through the firm’s mobile-friendly web app, clients can securely access their Coinsetter account and trade using the company’s high performance exchange technology on-the-go.
Indeed, a clear signal has been sent to North American Bitcoin technology developers by New York State’s Superintendent of Financial Services Benjamin Lawsky that they are indeed at will to provide as much infrastructure to advance the cause of Bitcoin as they wish without the need to regulate their operations under the newly introduced BitLicense.
The licensing provision by New York State’s financial regulator has paved the way for a long-standing Bitcoin industry to develop, as well as having bolstered investor confidence, however the lack of bureaucracy and metaphorical thumbs up from Mr. Lawsky serves to demonstrate proponency as Bitcoin by its very nature is a technology-led asset.