Gemini Compensating Bitcoin Holdings – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

Bitcoin exchange Gemini Trust, which is run by Winklevoss brothers Cameron and Tyler, has bought about $4 million in carbon credits to help offset alleged carbon emissions of bitcoin withheld. Bloomberg.

“We want to build a better world” with Bitcoin, Tyler Winklevoss said Bloomberg. “It’s also important to be sustainable as we transition to this vision.”

Gemini purchased carbon credits indirectly through a donation to the Climate Vault. This Delaware-based nonprofit seeks to facilitate organizations to achieve net zero carbon emissions by leveraging existing compensation markets.

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