Winklevosses’ Gemini Exchange Hires Former NYSE Executive

- Advertisement -

The cryptocurrency exchange run by the Winklevoss twins announced it has hired Robert Cornish, formerly of the New York Stock Exchange, as chief information officer.

Gemini, the cryptocurrency exchange operated by Tyler and Cameron Winklevoss, has announced the hiring of Robert Cornish as its chief technology officer. According to a press release, Tyler Winklevoss said, “Rob is globally recognized for his abilities in leading high-performing engineering teams, his expertise in exchange and matching-engine architecture, and running high-throughput platforms that are both secure and resilient.”

The hiring of a major executive from the New York Stock Exchange is fitting, as Gemini seems intent on being “more mainstream and interact through the front door with regulators,” as Tyler put it.

Operating in New York, the financial center of the US, Gemini sought and received a New York charter as an LLC trust company, a designation that would allow them to serve institutional banking clients. Some cryptocurrency businesses have criticized the regulatory requirements in New York or have even left the state, citing overbearing BitLicense requirements, but Gemini has embraced them. In response to the New York Attorney General’s Virtual Currency Integrity Initiative (an investigation decried by some exchanges), Tyler Winklevoss stated, “Gemini applauds the Attorney General’s focus on this industry and the Virtual Markets Initiative, and we look forward to cooperating.”

Before working for the NYSE, Cornish was the chief information officer of the International Securities Exchange. He will reportedly begin working for Gemini later this month.

Tim Prentiss is a writer and editor for ETHNews. He has a master’s degree in journalism from the University of Nevada, Reno. He lives in Reno with his daughter. In his spare time he writes songs and disassembles perfectly good electronic devices.

- Advertisement -

Like what you read? Follow us on X @Bitnewsbot to receive the latest Gemini, exchange or other Ethereum wallets and exchanges news.



Previous Articles:

- Advertisement -

Latest

Man Faces Prison for Hiding $13M in CryptoPunk NFT Sales from IRS

Pennsylvania man Waylon Wilcox faces up to six years in prison after pleading guilty to concealing over $13 million in CryptoPunks NFT sales income.Wilcox...

Gold-Backed Cryptocurrencies Surge as Investors Seek Digital Safe Haven

Gold-backed cryptocurrencies like Paxos Gold (PAXG) and Tether Gold (XAUT) have surged over 24% year-to-date to all-time highs above $3,300.While tokenized gold has thrived...

Mantra (OM) token plummets 90% in 24 hours, wipes out $6B market cap

Mantra (OM) token has crashed over 90% in 24 hours, plummeting from $6.3 to under $0.50, wiping out most of its $6 billion market...

Crypto Gaming Tokens Plummet, Vanish from Top 100 as Market Struggles

Gaming tokens have disappeared from the top 100 cryptocurrency rankings by market cap despite having six representatives a year ago.Eve Frontier launched a 10-day...

Trump to impose new semiconductor tariffs on electronics within months

Commerce Secretary Howard Lutnick clarified that recent tariff exemptions for consumer electronics are only temporary.New semiconductor-focused tariffs are expected within "a month or two"...

Must Read

18 Countries With No Privacy Laws According To UN (List)

Privacy laws are legal frameworks designed to protect personal data from unauthorized access, misuse, or disclosure.Lack of privacy laws can lead to misuse of...