Gemini Dollar is a regulated stable coin. Gemini Dollar developers especially emphasize the transparency and manageability of this cryptocurrency, since it is under the supervision of the New York State Department of Financial Services (NYDFS) and is subject to US laws and regulations. The dollars that are attached to the coin are stored in a special bank account of the American holding company State Street Corporation, in addition, the account where the dollars are stored is insured with the Federal Deposit Insurance Corporation (FDIC).

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Gemini Dollar telegram news 27 May 2022 05:00

⚡️TGIF! In this week's edition of Gemini #NewsFlashFriday, we bring you the latest on crypto's impact around the world⚡️

1. 🪙Digital dollar could coexist with stablecoins, Fed vice chairwoman says. A U.S. central bank digital currency could one day provide consumers with a level of safety amid a proliferation of privately-issued digital assets such as stablecoins. 
https://on.wsj.com/3Go9LSo 

2. 🛰SpaceX just launched the world's first 'crypto satellite'. The small satellite is roughly the size of a coffee mug. As it will be physically unreachable in space, no one can tamper with the system. It will be used to launch secure blockchain and Web3 platforms.
https://bit.ly/3ak6t6J

3. 💰JPMorgan says crypto has replaced real estate as ‘preferred alternative asset class’. The strategists further say that the most recent crypto market pullback has had little to no impact on the rate at which venture capital firms are pouring their funds into virtual assets.
https://bit.ly/3wT1ylW

️TGIF. In this week's edition of Gemini #NewsFlashFriday, we bring you the latest on crypto's impact around the world️.

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