Bitcoin Exchange Coinfloor to Allow Trading in US Dollar, Euro and Polish Zloty

London-based bitcoin exchange Coinfloor is looking to expand its operations by including trading option for a wider range of currencies.
The Financial Times, citing sources, reported that the exchange will accept deposits in US dollars, euros and the Polish zloty beginning 21 October.
Coinfloor would raise money from investors for the purpose and is planning to launch a bitcoin fund, FT added.
The exchange, which was founded two years ago, has become the largest exchange for bitcoin-to-sterling transactions by volume of currency traded.
The move by Coinfloor comes at a time when it is facing difficulties in the UK in trading bitcoin, because of the legal issues surrounding the digital currency. The firm has partnered with PKO, Poland’s largest bank, as no British institution is willing to do so.

This post was published at International Business Times on October 20, 2014.