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American cryptocurrency investors and traders now have a government sanctioned venue to trade Ethereum for the very first time. Gemini Trust, the bitcoin exchange created by Tyler and Cameron Winklevoss, has been authorized by the New York State Department of Financial Services (DFS) to offer the trading of Ether.
NY Governor Andrew Cuomo stated: “This action continues New York’s long tradition of pioneering new innovations and emerging industries. With robust regulatory oversight, we are maintaining our status at the forefront of this technological revolution and ensuring that users have a safe and secure experience.”
Acting Department of Financial Services Superintendent Maria T. Vullo added: ... (read more)