27 Jan '15, 3am

Winklevoss twins expect first quarter debut of @GeminiDotCom bitcoin exchange via @reuters

Winklevoss twins expect first quarter debut of @GeminiDotCom bitcoin exchange via @reuters

HOLLYWOOD, Fla. (Reuters) - Winklevoss Capital, the firm run by Cameron and Tyler Winklevoss, expects to get regulatory approval to launch a U.S. exchange for investors to buy and sell the virtual currency bitcoin in the first quarter, the twins told Reuters on Monday. "The information coming out of the DFS (Department of Financial Services) is that Q1 is their goal. And we will be ready by then,” Cameron Winklevoss, a principal at New York-based Winklevoss Capital, said in an interview at ETF.com's Inside ETFs Conference in Hollywood, Florida. Any firm seeking to launch a financial exchange needs the approval of the state it wants to operate in. On Monday, Coinbase Inc launched the first regulated U.S. exchange for bitcoin. The twins want to launch a regulated U.S. exchange because so many bitcoin exchanges are offshore and unregulated. "With a bitcoin exchange you have t...

Full article: http://www.reuters.com/article/2015/01/26/us-winklevoss-e...

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Winklevoss twins expect first quarter debut of bitcoin exchange

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