Winklevoss-Owned Gemini Galactic Snags FINRA Broker-Dealer Approval

Posted on by American Coins & Gold

Winklevoss-Owned Gemini Galactic Snags FINRA Broker-Dealer Approval
Gemini Galactic Markets, part of the Winklevoss twins’ crypto conglomerate Gemini, has been approved for FINRA (Financial Industry Regulatory Authority) membership, and with it the ability to operate as a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC).The approval allows Gemini Galactic to operate an alternative trading system (ATS), which will facilitate the trading of “digital asset securities,” said Gemini, adding that such assets are subject to U.S. securities laws, like traditional stocks and bonds, and therefore can only be bought and sold through a licensed broker-dealer.Gemini Galactic Principal John Reinhardt said it remains to be seen exactly…