Ether

NY greenlights ether currency exchange

The New York State Department of Financial Services has approved trading of the ether digital currency. The currency will begin trading on May 9 via NYC’s Gemini Trust Co., founded by investors Tyler and Cameron Winklevoss, although customers can buy and hold their ethers immediately. The platform uses ether to execute peer-to-peer contracts automatically through the Ethereum platform, a public blockchain – sometimes called a “distributed ledger” – that records all transactions made in perpetuity. “This action continues…