Winklevoss Crypto Exchange Wins Approval to Trade Zcash

The Winklevoss twins’ Gemini digital currency exchange¬†has become the first in New York to receive a license to trade the privacy-focused cryptocurrency zcash.

Alongside the news, Gemini announced support for trading zcash on Monday. Starting from May 19, Gemini users will be able to start depositing zcash (ZEC) into their accounts, the exchange said in a blog announcement. Trading will commence on May 22.

Gemini will be offering three new pairs for trading the cryptocurrency: ZEC/USD, ZEC/BTC and ZEC/ETH.

Eric Winer, VP of engineering at Gemini, said in the post:

Gemini will be offering three new pairs for trading the cryptocurrency: ZEC/USD, ZEC/BTC and ZEC/ETH.

Gemini will be offering three new pairs for trading the cryptocurrency: ZEC/USD, ZEC/BTC and ZEC/ETH.

“This action continues New York’s longstanding commitment to innovation and leadership in the global marketplace,” Vullo stated in a release.