Winklevoss Bros’ Bitcoin Exchange Gemini Launches in Japan & 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....

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....

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....

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....

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....