Based in New York, Gemini Exchange is aptly named after its two founders the Winklevoss twins. The Gemini platform is available to customers in a total of 49 U. S. states, Washington D. C. , Puerto Rico, Australia, Canada, Hong Kong, Singapore, South Korea, and the United Kingdom. In select jurisdictions globally. Gemini Foundatio. s derivatives product is available . It is not currently available in the US, UK, or EU. The Company took an alternative route to most other exchanges in jumping through regulatory hoops by applying for status as a New York State limited liability Trust rather than a Bitlicence. . This gives the exchange the ability to deal both with institutional clients and individuals. The founders have also announced their intention to allow access to other alternative crypto markets as and when they warrant it. In all perhaps one of the most considered and well-positioned exchanges to capitalize on the bridge between main financial markets and the present ecosystem. A breath of fresh air in bringing a touch of wall street class & security to the innovative yet nascent Bitcoin arena. The Gemini native token is the Gemini Dollar (GUSD), and native credit card is the Gemini Mastercard. Gemini is the worl. s first SOC 1 Type 2 and SOC 2 Type 2 certified crypto exchange and custodian. With SOC 1 reporting on controls at a service organization relevant to user entitie. internal control over financial reporting, and SOC 2 reporting on controls at a service organization relevant to security, availability, processing integrity, confidentiality or privacy. Together These reports can play an important role in fields like oversight of the organization. vendor management programs. internal corporate governance and risk management processes. regulatory oversight. fairness of the presentation of managemen. s description of the service organizatio. s system and the suitability of the design and operating effectiveness of the controls to achieve the related control objectives included in the description throughout a specified period. For full details regarding SOC certifictions, please visit the following link. us. aicpa. org/interestareas/frc/assuranceadvisoryservices/socforserviceorganizationsFacebook | LinkedIn | Instagra. | Reddit
