Tyler and Cameron Winklevoss

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…