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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There’s no denying taxes are complicated...

Over the past year, our team of tax experts and engineers have built a hub dedicated to simplifying your US crypto tax reporting → The Gemini Tax Center

Learn more: https://t.co/QgWweSr0Fr

There's no denying taxes are complicated.