Maybe not "weird", but certainly off the wall ... street
Winklevoss Twins Win Approval to Open Bitcoin Exchange
NY Times - NATHANIEL POPPER - OCT. 5, 2015
Quote:
After a long buildup, Cameron and Tyler Winklevoss have won approval to open
their Bitcoin exchange, Gemini, later this week. The twins, famous from their legal battles
with Facebook’s co-founder Mark Zuckerberg, announced on Monday that they
had received approval for their exchange from the New York State
Department of Financial Services, the state’s top financial regulator.
The agency, which has taken the lead in regulating the new virtual currency industry,
had already approved another company, ItBit, to operate under a
similar regulatory framework as a banklike trust company.
…The Winklevoss twins have been actively working with Bitcoin since 2012.
The first company they backed, BitInstant, did not survive.
They quickly began working on a Bitcoin-backed exchange-traded fund,
which is expected to trade on the Nasdaq exchange.
That fund is still waiting for regulatory approval.
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I don't know much about trading in bitcoins, but I did start following headlines about them
back a few months ago when there were a lot of shenanigans(sp ?) going on.
The idea of who has the fastest computer with the best algorithm
wins the $ is interesting for me, not the evasion of authorities, etc.