Winklevoss twins aim to take Bitcoin mainstream with a regulated exchange: NYT

(Reuters) - Cameron and Tyler Winklevoss are trying to firm up support by creating the first regulated Bitcoin exchange in the United States, dubbing it the "Nasdaq of Bitcoin", the New York Times reported. The Winklevoss twins, who famously accused Facebook Inc founder Mark Zuckerberg of stealing their idea, have been seeking regulatory approval for a bitcoin exchange-traded fund. Users can transfer bitcoins to each other over the Internet and store the currency in digital "wallets." Last March, New York's financial services regulator Benjamin Lawsky said he wanted companies that want to operate virtual currency exchanges in the state to submit formal applications, in a step toward eventual state regulation of bitcoin exchanges.



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