As scams and money laundering scandals have been surging on the popular over-the-counter (OTC) Bitcoin trading platform LocalBitcoins , Ohio-based exchange BitQuick, is determined to set new standards within the OTC trading industry and introduces security measures aimed to "weed out the bad players."
Holding the promise of "[taking] out LocalsBitcoins," BitQuick had been selected to integrate the Bitcoin accelerator program at Boost VC , and had debuted its intensive 3-month stay in Silicon Valley. […]