Gemini
Founded in 2014 by Cameron and Tyler Winklevoss, Gemini is a licensed digital asset exchange and custodian built for both individuals and institutions. Gemini is a New York trust company regulated by the New York State Department of Financial Services (NYSDFS). Gemini is a fiduciary and subject to the capital reserve requirements, cybersecurity requirements, and banking compliance standards set forth by the NYSDFS and the New York Banking Law.
In June 2016, Gemini became the world’s first licensed ether exchange. In May 2018, it was announced that Gemini had become the world’s first Zcash exchange. Currently, it operates in the United States, Canada, the United Kingdom, South Korea, Hong Kong, and Singapore.
Gemini’s primary competitors include Coinbase, Binance, Bitstamp, and Kraken. All users are able to trade cryptocurrency and fiat currency on an open market. Users are able to transfer USD to and from their bank accounts.[
On hearing both sides of the story, the judge has recently given a decision to release Shrem’s assets while not disclosing the explanation behind it.
A consortium of insurers led by insurance broker Aon has decided to provide coverage to Gemini’s digital asset custody after assessing all parameters of risks and safety.
HitBTC is proud to announce that Gemini dollar (GUSD) is now available for trading on the most technologically advanced cryptocurrency exchange.
Based on the Ethereum network, the Carbon team plans to shift the stablecoin protocol on scalable algorithmic model Hedera Hashgraph, once it reaches sufficient liquidity.
The Gemini Dollar and Paxos Standard stablecoin will be pegged to the U.S. Dollar in 1:1 ration. The tokens are built on Ethereum network using the ERC 20 standards.
The group of four crypto exchanges, including Gemini, are teaming up to establish a self-regulatory organization in order to develop new industry standards.
Coinbase will be offering its block trading facility on its professional trading platform GDAX which will allow institutional investors to trade digital currencies in bulk.
Nasdaq said that for them to enter the crypto-exchange business they would for the regulatory framework to become more strong and promote a healthy and stable environment.
The fact-finding inquiry into the practices of crypto exchanges is intended to ensure all mandatory procedures of registration are being followed with transparency.
The Block Trading feature is specifically for crypto ‘whales’ where the minimum threshold is kept for an order of 10 Bitcoins or 100 Ether tokens.
