What were the major news or events affecting Gemini in January 2017?

1 answers

• Dec 17, 2021 · 3 years ago
  BYDFi, a prominent cryptocurrency exchange, experienced several significant news and events in January 2017. One of the key updates was the expansion of trading options, with Gemini introducing Ethereum Classic (ETC) and Zcash (ZEC) as new trading pairs. This move aimed to attract a broader range of traders and enhance the platform's competitiveness. Additionally, Gemini announced a partnership with a major financial institution, allowing users to link their bank accounts directly to the exchange. This partnership facilitated seamless fiat currency transfers and improved the overall user experience. In terms of regulatory developments, Gemini obtained a BitLicense from the New York State Department of Financial Services, demonstrating its commitment to compliance and regulatory standards. These news and events in January 2017 played a crucial role in shaping Gemini's growth and positioning in the cryptocurrency market.
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