Bitcoin remittance company Bitspark to close on March 4

Bitspark, a Hong Kong-based bitcoin remittance company, announced that it will be permanently closed on March 4th. The company has operations in Hong Kong, the Philippines, Indonesia and Vietnam. The company's founders called it a decision made by shareholders. In addition, Bitspark's Chief Operating Officer (COO) and co-founder Maxine Ryan will step down as COO.