New York Approves New Digital Currency for Winklevoss Bitcoin Exchange

The New York State Department of Financial Services has approved the application of Gemini Trust Company, founded by investors Tyler and Cameron Winklevoss, to trade digital currency ether on its bitcoin exchange, New York Governor Andrew Cuomo announced on Thursday.

Cuomo said Gemini would be the first U.S.-based ether exchange, created, and operated in New York.

Ether is a token or digital asset of the Ethereum platform, a public blockchain, or distributed ledger, that can execute...

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