Cryptocurrency businesses licensed by the state of New York are being strongly urged to use blockchain analytics to improve policies, processes, and procedures, according to a guidance issued by Adrienne Harris, superintendent of the New York State Department of Financial Services (DFS). Cryptocurrencies, aka virtual currencies, are based upon distributed ledger technology (DLT), also called… Read More >>
Gemini Founders Want SRO for Crypto Markets
The founders of a cutting-edge digital asset exchange company, Gemini Trust Company, LLC, are arguing for a self-regulatory organization (SRO) that would govern transactions based upon emerging cryptocurrencies, and the effort has gotten the attention of the CFTC. Cameron Winklevoss, co-founder and president at Gemini, and his twin brother Tyler launched Gemini “a licensed digital… Read More >>