Gemini Urges CFTC to Withdraw Event Contracts Rule
Gemini’s co-founder argued that platforms like Polymarket which offer unmatched transparency and integrity. The cryptocurrency exchange Gemini has withdrawn a proposed legislation that, if approved would prohibit all event contracts on decentralized prediction markets and has requested its return to US regulators. Gemini noted in a letter to Christopher Kirkpatrick, the secretary of the United […]
Winklevoss Twins Oppose CFTC Rule To Ban Event Contracts
The Winklevoss twins joined Coinbase to urge the US CFTC to overturn its vague event contract restriction that affects Polymarket. On Saturday, Tyler and Cameron Winklevoss urged the U.S. Commodities Futures Trading Commission (CFTC) to retract its proposed rule on event contracts. Crypto firms, including Coinbase, have also opposed this rule, which could potentially ban prediction […]
Winklevoss Twins Refunded for Exceeding Bitcoin Donation Limit to Trump
The Winklevoss twins were refunded for exceeding legal Bitcoin donation limits to Trump’s campaign, per a Bloomberg report. The Winklevoss twins, billionaire founders of cryptocurrency company Gemini, were reimbursed for an excess of bitcoin donations to Donald Trump’s presidential campaign that exceeded the federal law’s utmost limit. The campaign official who spoke on condition of […]
Gemini Launches Trading Competition to Boost Derivatives Platform
Gemini Foundation is set to host its first trading competition in August to attract new users and increase trading volumes. Gemini Foundation, a non-US derivatives platform founded by the Winklevoss twins and backed by the Gemini Trust Company, is gearing up to host its first trading competition in August. The competition also aims to revitalize […]
Winklevoss Twins: Crypto War may doom Democrats In 2024
The Winklevoss twins, co-founders of the crypto exchange Gemini, have warned that the Democrats’ hostile approach to crypto regulation could backfire and hurt their chances of winning the 2024 presidential elections. They also argued that the Democrats risk losing the support of young voters, the biggest crypto adopters, and a key party demographic. The Democrats’ […]