3iQ’s Bitcoin Fund aims to allow institutional investors to gain exposure to Bitcoin’s volatility without having to buy and safekeep the cryptocurrency themselves.
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Gemini says yes to a privacy coin. Sort of…
Crypto exchange claims that its Zcash initiative ‘demonstrates that with the right controls in place and the proper education, regulators can get comfortable with privacy-enabling cryptos’
New York-based, regulator-friendly Gemini now allows its users to withdraw Zcash with shielded transactions that protect user privacy. The company, run by Tyler and Cameron Winklevoss, commented: “This is an exciting moment for crypto, marking the first time shielded ZEC withdrawals are available on a regulated exchange.”
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God save the queen: Gemini brings the UK crypto
The crypto exchange of the Winklevoss twins, Gemini, launches its services in the UK following regulatory approval
“Going live with our full services available in GBP in the UK is another exciting step forward in Gemini's international expansion, advancing our mission to empower individuals and organizations around the world through crypto," said CEO Tyler Winklevoss.
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A big August for crypto
Big news about mainstream institutional investors pouring money into bitcoin and ether has industry insiders excited about crypto’s move towards the mainstream
The big news, needless to say, was business intelligence firm MicroStrategy’s Aug. 11 announcement that it had bought $250 million worth of bitcoins, pouring the entirety of its planned investment in alternative assets as an inflation hedge into the first cryptocurrency.
