Gemini Trust, LLC – a Bitcoin exchange based in New York City – has been granted a charter under the New York Banking Law by the New York State Department of Financial Services. As a condition of its charter, the firm is required to comply fully with NYDFS’ BitLicense regulatory framework. (Click here for details of this framework in the article “NYDFS Issues BitLicense Framework for Regulating Virtual Currency Firms” in the June 7, 2015 edition of Bridging the Week.)