It’s no secret Cameron and Tyler Winklevoss are betting big on Bitcoin: They’ve reportedly invested at least $11 million in the cryptocurrency, and they predict it could be even bigger than Facebook.

On Friday, the brothers announced the launch of Gemini, which they call the “next-generation Bitcoin exchange.” Originally announced in July 2013, the New York-based Bitcoin exchange will be “fully regulated, fully compliant” and open to individuals and institutions

To launch Gemini (Latin for “twins”), Winklevoss brothers have assembled a team of 14 engineers, finance and security experts (including the two of them). They also have a banking relationship with an unspecified New York State-chartered bank (meaning the dollars you keep on Gemini are eligible for …

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Source:: Winklevoss twins launch Gemini, the ‘regulated’ Bitcoin exchange

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