[2015-10-05] ET: New York regulator issues license to Winkelvoss bitcoin venture

New York regulator issues license to Winkelvoss bitcoin venture Gemini Trust Company

http://economictimes.indiatimes.com/news/international/business/new-york-regulator-issues-license-to-winkelvoss-bitcoin-venture-gemini-trust-company/articleshow/49232618.cms

Gemini Trust Company, founded by investors Tyler and Cameron Winklevoss, has been granted a license to operate as a chartered limited liability trust company by the New York State Department of Financial Services, the state regulator announced on Monday.

Under the charter, Gemini will operate a bitcoin exchange and will officially open for trading on Thursday at 9:30 a.m. (1330 GMT)) serving both individual and institutional customers, Gemimi said in a separate statement on Monday.