Crypto exchange Gemini is working with regulators to list Filecoin

Cryptocurrency exchange Gemini is working with its regulators to support trading of Filecoin, the firm said in a blog post on Tuesday. 

The New York-based exchange said its custody unit would support the asset to start. The launch of the cryptocurrency's main net is tentatively slated for sometime between mid-June and mid-July, as The Block reported yesterday

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"In addition to custody services, we are working closely with the New York State Department of Financial Services (NYSDFS) to obtain approval to offer Filecoin trading for our customers," the blog said. "We are excited to add this cryptocurrency to our platform and continue our mission — to empower the individual through crypto."

Gemini is known for taking a more conservative approach to listing new coins. It currently offers trading services for five assets, including bitcoin, ether, bitcoin cash, litecoin, and Zcash. 

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Frank Chaparro is Host of The Scoop podcast and Director of Special Projects. He also writes a biweekly newsletter. Chaparro started his career at Business Insider, where he specialized in the intersection of digital assets and Wall Street, market structure, and financial technology. Soon after joining Business Insider out of Fordham University, Chaparro was interviewing top finance and tech executives, including billionaire Mark Cuban, “Flash Boys” star Brad Katsuyama, Cboe Global Markets CEO Ed Tilly, and New York Stock Exchange President Tom Farley. In 2018, he become a sought after reporter in the crypto world, interviewing luminaries such as Tyler Winklevoss, the cofounder of Gemini, Jeremy Allaire, the CEO of Circle, and Fundstrat head Tom Lee. For inquiries or tips, email [email protected].