New York Bitcoin Exchange Gemini to Add Ether Trading Option
Gemini, the New York-based bitcoin platform operated by the famed Winklevoss twins will soon allow traders to buy and sell Ethereum’s native cryptocurrency Ether. According to reports, Cameron and Tyler Winklevoss, the men who were indirectly responsible for the creation of the social media giant Facebook, have received the approval to trade Ethereum on Gemini Bitcoin Exchange from the New York State Department of Financial Services. Ether’s emerging popularity has got many Bitcoin exchanges and trading platforms to include it in their established services. Following the announcement,....
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Recently approved by the New York State Department of Financial Services to offer the trading of Ether on its virtual currency exchange based in New York City, Gemini has started Ether trading. Touted as the first licensed ether exchange in the world with its approval also making the NYSDFS the first regulatory agency in the world to supervise ether, Gemini stated on its blog site that the exchange will be offering ETH/BTC and ETH/USD trading pairs on two new order books. In a blog post, Cameron Winklevoss, Co-Founder and President at Gemini, says: “Our approval makes Gemini the first....
The Gemini exchange, founded and operated by Tyler and Cameron Winklevoss has gained the approval from the State of New York via the Department of Financial Services to offer trading of Ether, the crypto-asset and token of the Ethereum network. In an announcement today, the New York State Department of Financial Services has given its approval for Gemini to offer trading of Ether, the native token of Ethereum. Gemini launched in October 2015 after gaining a charter to operate as a virtual currency exchange, without the need for a BitLicense whilst regulated as a fiduciary, granting it the....
When the Gemini Trust Company begins trading Ether Monday at 9:30 a.m., offering ETH/BTC and ETH/USD trading pairs on two order books, a new chapter begins with the world’s first licensed Ether exchange. Ether is the crypto-asset and token of the Ethereum network, and has emerged as the leading altcoin and is the fastest growing digital currency. Gemini founders Tyler and Cameron Winklevoss planned from their company’s beginning two years ago to provide a platform to allow customers to trade digital assets in addition to bitcoin. Over the past six months, Gemini recognized Ether as a....
Gemini, the bitcoin currency exchange operated by investors Cameron and Tyler Winkelvoss, has received approval from the state of New York to offer trading for ether, the native token of the Ethereum network. The New York State Department of Financial Services (NYDFS) announced the approval today, a move the department said was necessary given that the agency has the mandate to review any material changes to the services offered by industry firms. The exchange, approved to open last October, had received the greenlight to operate as a limited purpose trust company from the NYDFS, though it....
Gemini Trust Co., the New York-based digital currency exchange founded by the Winklevoss Brothers has begun the first-ever daily bitcoin auction in a bid to facilitate trading with higher volumes at lower costs with better prices. Starting today, the bitcoin ecosystem will see an exchange adopt a daily bitcoin auction at 4 P.M New York time, every day including holidays and weekends. In an announcement, Gemini said it ushered in its daily bitcoin auction to remedy the “incredibly inefficient” method of bitcoin trading today, wherein exchanges are missing mechanisms that are otherwise....