Is Wall Street about to make a big move into Bitcoin?

An interesting development yesterday was news that Atlas ATS and Perseus Telecom have launched a globally integrated Bitcoin exchange system in New York.   The launch of this high frequency bitcoin trading platform could be a sign that Wall Street is warming up to the idea of cryptocurrencies.

Earlier this week, the New York Department of Financial Services announced that they are now accepting applications for digital currency exchanges.  Having a global exchange operating under the U.S. regulatory framework gives established firms the ability to test the waters trading Bitcoin without creating additional compliance risks.

Rumours of Wall Street traders discussing the prospect of trading Bitcoin have been a hot topic of late, most recently by this insider’s account detailed in a reddit post. The user says his unnamed Wall Street company brought in a speaker to talk about Bitcoin , and that the seats filled up instantly.

Whether or not the new Atlas exchange becomes a hit with traders remains to be seen.  Feel free to check it out for yourself at their website.