Friday March 05, 2021
Bitcoin (BTC) $47,477.00   Ether (ETH) $1,492.23
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Crypto Exchanges

Gemini adds support for Zcash (ZEC) exchange

Published by CryptoNinjas.net
05/14/2018
Gemini adds support for Zcash (ZEC) exchange

Today, Gemini Trust Company, LLC (Gemini) announced support for Zcash trading and custody. This marks only the third crypto asset added to the Gemini platform, after bitcoin and ether. Gemini stated that this “makes Gemini the first licensed Zcash exchange in the world,” and “NYDFS the first regulatory agency in the world to supervise Zcash.”

As a New York trust company, Gemini is one of the most regulated digital asset exchange and custodian in the world. It is subject to rigorous regulatory oversight by the New York State Department of Financial Services (NYDFS), is held to the highest level of fiduciary obligations and banking compliance standards, and must adhere to all anti-money laundering (AML) laws, know your customer (KYC) requirements, and consumer protections set forth by the Bank Secrecy Act (BSA), the New York Banking Law, and the NYDFS.

Gemini went through an extensive approval process with the NYDFS prior to adding support for Zcash. This process included an overview of the Zcash technology and a comprehensive plan that described Gemini’s ability to adequately meet any specific challenges posed by the addition of this new virtual commodity.

The ZCash team said:

“We at the Zcash Company believe that privacy and confidentiality are part of the foundation of an open and democratic society. Privacy supports societal values such as human rights, political freedom, financial inclusion, and economic opportunity. These are values that we share with the regulators of countries like USA and states like New York.”

“Zcash picks up where Bitcoin left off. Bitcoin has many strengths, but privacy is not one of them.”

Tyler Winklevoss, CEO of Gemini

“Bitcoin and Zcash are two revolutionary technologies vying for different mantles, Bitcoin being digital gold and Zcash being digital cash.”

Cameron Winklevoss. President of Gemini
Continuous Trading Block Trading 4 pm Daily Auction
ZEC/USD ✓ ✓ ✓
ZEC/BTC ✓ ✓ x
ZEC/ETH ✓ ✓ x

The Gemini release also provides clarity on its plan for supporting shielded addresses. Gemini stated:

“At launch, Gemini will support deposits from unshielded or shielded addresses, but will only support withdrawals to unshielded addresses. We are working to support withdrawals to shielded addresses in the future.”

The NYDFS has issued a statement on its authorization of Gemini to support Zcash.

7
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Crypto exchange Gemini introduces interest program up to 7.4% APY
Crypto Exchanges

Crypto exchange Gemini introduces interest program up to 7.4% APY

02/02/2021
Crypto exchange Gemini opens waitlist for reward-based credit card
Crypto Exchanges

Crypto exchange Gemini opens waitlist for reward-based credit card

01/14/2021
Crypto exchange and custodian Gemini picks Eventus for trade surveillance
Crypto Exchanges

Crypto exchange and custodian Gemini picks Eventus for trade surveillance

08/19/2020
Crypto exchange Gemini connects with Itiviti's NYFIX order routing network
Crypto Exchanges

Crypto exchange Gemini connects with Itiviti’s NYFIX order routing network

03/19/2020
Crypto exchange Gemini working to allow Filecoin (FIL) trading following custody
Token Offerings/Listings

Crypto exchange Gemini working to allow Filecoin (FIL) trading following custody

02/25/2020
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
Enjin launching two scaling solutions to remove gas and support NFTs from any blockchain

Enjin launching two scaling solutions to remove gas and support NFTs from any blockchain

03/04/2021
DEX aggregator 1inch integrates Bitquery's API-powered crypto trading data

DEX aggregator 1inch integrates Bitquery’s API-powered crypto trading data

03/02/2021
Creators of crypto wallet Exodus files with SEC to allow purchase of its stock with bitcoin

Creators of crypto wallet Exodus file with SEC for $75M public offering

03/03/2021
CasinoCoin to migrate to XRP Ledger amidst rebranding

CasinoCoin to migrate to XRP Ledger amidst rebranding

03/01/2021
SIMBA Chain expands to Avalanche blockchain enabling low-code smart contract deployment

SIMBA Chain expands to Avalanche blockchain enabling low-code smart contract deployment

03/02/2021
iGaming platform Royale to integrate API3 to verify on-chain crypto-to-fiat price exchange

iGaming platform Royale to integrate API3 to verify on-chain crypto-to-fiat price exchange

03/04/2021
Crypto exchange KuCoin opens beta test on new 3x leveraged BTC and ETH tokens

Crypto exchange KuCoin opens beta test on new 3x leveraged BTC and ETH tokens

03/04/2021
Decentralized cloud Akash Network integrates with Equinix Metal

Decentralized cloud Akash Network integrates with Equinix Metal

03/04/2021
Crypto fund KR1 makes investment in blockchain data protocol LazyLedger

Crypto fund KR1 makes investment in blockchain data protocol LazyLedger

03/04/2021
DeFi yield optimization protocol ETHA Lend closes $1.6M funding round

DeFi yield optimization protocol ETHA Lend closes $1.6M funding round

03/04/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy


Go to mobile version