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Winklevoss Twins Welcome Zuckerberg to Cryptos

July 11, 2019 10:38 am

New York — Owners of the Gemini Exchange, Tyler and Cameron Winklevoss, have welcomed Mark Zuckerberg to the cryptocurrency world. Speaking with Bloomberg on Tuesday, the twins stated that Facebook’s involvement will bring mainstream awareness to cryptos like Bitcoin, stating “talking about the word ‘crypto’ demystifies it, takes out some fear for some people.”

Tyler and Cameron are reported to own 1% of the total circulating Bitcoin supply, having entered the market in 2013.

They have formed a self-regulatory group to address Congress’s concerns over the use, custody, and insuring of cryptocurrency.