Gemini Expands its Bitcoin Services to Japan and South Korea
Gemini, the New York based Bitcoin exchange has announced the launch of its services in South Korea and Japan. Bitcoin and Ethereum exchange Gemini has strengthened its foothold in Asia with latest expansion into Japan and the Republic of Korea. The US-based company, founded by the Facebook-fame Winklevoss Twins, said its its latest blog post, that it intends to capture a significant market share in two of the world’s most prolific cryptocurrency ecosystems. Excerpt: “As of today, registered customers in the Lands of the Rising Sun and the Morning Calm can trade bitcoin and ether using the....
Related News
Digital currency exchange Gemini announced yesterday that it is opening its services to traders in South Korea and Japan. The move comes just over a year after Gemini first opened its doors in New York. The exchange, which had been in the works since early 2015, came online following its successful bid for a bank charter. Yet the exchange struggled to find traders following its launch, and may be looking past US shores in a bid to attract more activity. Customers in both countries will have access to bitcoin and ether trading, both markets of which will trade against the US dollar. South....
Pressing ahead with its global expansion plan, bitcoin and ether exchange Gemini, founded by the Winklevoss brothers, has opened shop to users in Japan and the Republic of Korea. In an announcement, yesterday, Gemini President Cameron Winklevoss wrote: As of today, registered customers in the Lands of the Rising Sun and the Morning Calm can trade bitcoin and ether using the Gemini exchange. Registered users are now enabled to transact with limited trading pairs of the two primary cryptocurrencies. More specifically, users will be able to buy BTC with USD or ETH and sell BTC for USD or ETH.....
Indonesia and South Korea are thinking about joining forces in an attempt to boost the FinTech industry to help the burgeoning sector in both countries, reports The Jakarta Post. Last month South Korea announced that it is going to introduce bitcoin regulations in 2017 as digital currencies continue to grow in the country. According to the report, bitcoin adoption has increased significantly in South Korea, amounting to 1.5 trillion won in transactions. It was recently reported that the South Korean government was pushing ahead with the system expansion of digital currency to promote the....
The Gemini Exchange in New York has taken a rocky path over the years. Thus far, trading patterns enjoyed by Gemini have been nothing to brag about, with this weekend hitting particularly low marks (less than 100 bitcoins were traded within a two-day period). The company recently announced the addition of daily bitcoin auctions to try and increase digital currency awareness, but they have done very little to get the ball rolling. The company has made headway since it first arrived at the scene. Recently, news was announced that Gemini would expand its services to both Japan and South....
South Korea is making efforts to prepare “Systematic Groundwork” for the spread of digital currency. According to South Korea’s Yonhap agency, the country recently hosted the 12th Fintech Center Demo Day event, where Yim Jong-yong, chairman of the Financial Services Commission (FSC), declared that the South Korean government would also offer $2.65 bln in financial support over the next 3 years for the development of the fintech sector. Cointelegraph has already reported new Bitcoin centric developments in South Korea recently and how things are changing fast in Korea in sync with....