• JPMorgan Chase banks Coinbase Gemini
    Jamie Dimon may consider Bitcoin a "fraud" but that didn't stop JPMorgan Chase from becoming the first major bank to take U.S. crypto exchanges as clients (Photo: WEF/Wikimedia Commons).
    Cryptocurrencies,  People,  Regulation

    Major bank haul: Coinbase, Gemini break into JPMorgan Chase

    By taking on the regulator-friendly Coinbase and Gemini as clients, JPMorgan Chase has become the first large bank to knowingly agree to do business with cryptocurrency exchanges in years.

    May 13, 2020 /

    Two major U.S. cryptocurrency exchanges known for aggressively seeking regulatory approval, Coinbase and Gemini, have been accepted as JPMorgan Chase customers, breaking through an important glass ceiling in the financial industry.

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  • Winklevoss twins at Techcrunch Disrupt in 2015. (via Wikipedia)
    Regulation

    Gemini launches captive insurance firm

    The Winklevoss-owned crypto trading platform has launched its own in-house insurance unit, which will allow it to transfer some risk to reinsurance companies

    January 16, 2020 /

    Winklevoss-owned Gemini Trust Company has launched its own in-house insurance unit to protect client’s funds against loss.

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