@misc{degreesOfSatoshi_bitcoin_exchanges_history_2026,
  author = {{Degrees of Satoshi editorial project}},
  title = {The History of Bitcoin Exchanges: Markets, Custody, Failure and Regulation},
  publisher = {Degrees of Satoshi},
  year = {2026},
  month = {8},
  day = {9},
  url = {https://degreesofsatoshi.com/history/bitcoin-exchanges-history/},
  note = {Version 1.0; last reviewed 2026-08-09}
}