Circle-Poloniex Deal Presages the Future of Cryptocurrency Exchanges

When it was announced on Monday that Circle would be acquiring Poloniex, much of the focus was on the $400 million reported to have changed hands. It was a good bit of business for both parties, ran the general consensus, and not a bad deal for customers of the exchange either, who might finally experience something resembling customer service. The ramifications of the deal extend far further, however, hinting at the shape of U.S. cryptocurrency trading to come.

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