Gemini, the exchange founded by Tyler and Cameron Winklevoss, continues to make inroads toward its goal of becoming a mainstream, respected financial institution. It has recently announced that it has passed a high level security audit conducted by Deloitte, which marks a significant milestone in the crypto space. Whereas Gemini’s accomplishments are impressive, they highlight…
Wells Fargo has become the latest financial institution to announce the creation of a stablecoin, which it intends to use for cross border transfers and international payments. As digital tokens backed by hard assets, usually fiat currencies, stablecoins are quickly carving out their own place within the crypto space. Their emergence has sparked significant debate…
The large institutions that oversee the mechanisms of the global economy are paying ever closer attention to blockchain technology and cryptocurrencies. Among these institutions is the International Monetary Fund (IMF), which for over seventy years has played a leading role in ensuring worldwide fiscal stability, particularly in underdeveloped countries. The IMF has just released a…
Although crypto values have remained relatively stable for several weeks, overall activity across the crypto space continues to grow rapidly. Development is at an all time high, and more of the general public is developing an interest in crypto investment. Not surprisingly, exchanges are beginning to place a greater degree of scrutiny on crypto platforms,…
According to recent reports from unnamed sources, Tylor and Cameron Winklevoss, the founders of the Gemini Trust Company, operators of the Gemini cryptocurrency exchange, are debating to move their operations to the United Kingdom to get closer to European markets. The Gemini Exchange was founded back in 2014 by the Winklevoss twins, and quickly became one…