BenjaminLawsky
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Winklevoss twins want to make bitcoin legit with US-based exchange
One of the biggest draws of using bitcoin as a method of exchange is the lack of any form of regulation. Unfortunately, that's left the cryptocurrency with a reputation problem, which is why countries like India, China and Russia are trying to shut it down. The Winklevoss twins, however, feel that embracing the warm hand of government regulations may be enough to take bitcoin into the mainstream. That's why the pair are about to launch Gemini, a US-based bitcoin exchange that, crucially, has the backing of both a New York-based bank and is likely to get the blessing of governmental types, too.
