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The founders of institutionally focused Gemini exchnage are putting their attention towards expansion in Asia and its new mobile app, but did acknowledge that volumes on Nasdaq and CME's Bitcoin futures so far were certainly underwhelming.
Another 2019 goal will be expanding in Asia, they said. The region is home to some of the largest virtual currency exchanges including Bitfinex, Digifinex and Huobi. Gemini is a New York trust company that operates in almost all U.S. states, as well as in Canada, Hong Kong, Singapore, South Korea and the U.K. One year since a record run-up in the price of Bitcoin, some crypto companies are showing signs of stress. ETCDEV, the startup that led development on Ethereum Classic, shuttered operations this month. Joseph Lubin’s ConsenSys, a crypto-software startup, said it will cut its workforce by 13 percent.
https://finance.yahoo.com/news/winklevoss-twins-ignore-crypto-winter-120000539.html
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