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.[

Charlie Shrem Wins His First Battle with Winklevoss Twins, Order to Freeze Assets Lifted
November 9th, 2018

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.

Cryptocurrency Exchange Gemini Secures Custody Assets With Insurance Coverage
October 4th, 2018

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 Integrates Gemini Dollar
September 21st, 2018

HitBTC is proud to announce that Gemini dollar (GUSD) is now available for trading on the most technologically advanced cryptocurrency exchange.

It’s Raining StableCoins! Cryptocurrency Startup Carbon Announces Dollar-Pegged CarbonUSD
September 13th, 2018

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.

‘Stablecoins Coming’: NYDFS Approves USD-Pegged Cryptocurrency Tokens by Gemini and Paxos
September 11th, 2018

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.

Largest Crypto Exchanges Join Gemini to Develop New Industry Standards
August 21st, 2018

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 Soon to Offer Block Trading Facility for Institutional Investors
May 2nd, 2018

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 Would ‘Certainly Consider’ Becoming a Crypto Exchange, Says CEO
April 26th, 2018

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.

NY Attorney Genernal Launches Inquiry in Crypto Exchanges
April 18th, 2018

The fact-finding inquiry into the practices of crypto exchanges is intended to ensure all mandatory procedures of registration are being followed with transparency.

Winklevoss Twins’ Gemini Will Launch Block Trading for Bitcoin and Ethereum on April 12
April 10th, 2018

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.