Winklevoss Twins’ Gemini Bitcoin Exchange Finally Wins Regulatory Approval
The Gemini bitcoin exchange, which seems to have been caught up in red tape forever, has finally won regulatory approval from the New York State Department of Financial Services, according to the company’s blog this morning. Bitcoin investors and enthusiasts Tyler and Cameron Winklevoss have been working on the Gemini project for over a year and aimed to become the first U.S. based Bitcoin exchange to gain full regulatory approval. Instead, Coinbase announced that their new Bitcoin exchange was the first to gain domestic regulatory approval in January, as Gemini remained buried in a....
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New York-based bitcoin exchange Gemini, founded by Tyler and Cameron Winklevoss will now begin operations in Canada, as a part of an international expansion program. Canadians will now have access to a new digital currency exchange in the Winklevoss twins’-led Gemini, a US-based exchange. In an announcement late yesterday, Cameron Winklevoss revealed that registered users in Canada will be able to trade bitcoin and ether on the ETH/BTC order book. Cameron Winklevoss wrote: We are thrilled to announce the expansion of Gemini services to the Great White North! This is just the beginning of....
Gemini, a New York-based bitcoin exchange being developed by the Winklevoss twins of Facebook-fame, just received approval from the New York Department of Financial Services (NYDFS). Many investors had been waiting with bated breath for this announcement, following the implementation of New York's BitLicense which has posed regulatory challenges for some cryptocurrency startups. The agency granted approval for Gemini's Articles of Organization and its application for exemption from the deposit insurance requirements of Section 32 of the Banking Law, based on the NYDFS Weekly Banking....
As bitcoin and ether prices scale in drastic ways, cryptocurrency exchange Gemini, founded by the Winklevoss brothers is now expanding to the UK as a part of a wider expansion plan. Starting today, the Gemini bitcoin and digital assets exchange opens in the United Kingdom, enabling registered users in the region to trade bitcoin and ether. The New York-based bitcoin exchange founded by Tyler and Cameron Winklevoss will commence operations in the UK today, continuing an international expansion program that recently saw the exchange open in Canada. As things stand, registered users will be....
With approval from the Financial Industry Regulatory Authority (FINRA), the Bitcoin Investment Trust (BIT) is set to be the first publicly traded bitcoin fund. The exchange beats the famous Winklevoss Twins in their attempt to create the first Bitcoin ETF. The Winklevoss Twins’ exchange has been ready for more than a year, but has failed to launch due to not getting regulatory approval. The reason for the delay is that they are trying to create an exchange that any investor can participate in, while BIT is only available to accredited investors. “Bitcoin Investment Trust shares have been....
Continuing its global expansion plan, New York-based bitcoin and ether exchange Gemini, founded by the Winklevoss twins, has begun operations in Hong Kong and Singapore. Users in Singapore and Hong Kong will be now be able to access Gemini, the Winklevoss twins’ digital currency exchange. The announcement was made by Gemini co-founder and president Cameron Winklevoss on October 2nd. Starting immediately, users will be enabled with limited trading pairs that involve the two major cryptocurrencies, bitcoin and ether. More specifically, registered users will be able to buy BTC with USD or....