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Tag Archives: gemini

Gemini Expands to Asia with Hub in Singapore: Strategic Move amidst Regulatory Challenges

Gemini highlighted their plans to diversify their customer base and reduce the dependence on the US market. Gemini, the US-based exchange of the Winklevoss Twins, has announced its plans to establish a center in Singapore as part of its future expansion into the Asian market. According to Gemini’s statement, the company intends to hire over 100 employees in the next 12 months to capitalize on the growth potential of cryptocurrencies in the APAC (Asia-Pacific) market. Gemini Expanding...

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Gemini to Increase Headcount Above 100 in Singapore Amid Hostile US Regulatory Climate

The hawkish approach of the US Securities and Exchange Commission (SEC) has caused many prominent cryptocurrency companies to look abroad. Gemini is amongst them. Gemini, the cryptocurrency exchange led by Tyler and Cameron Winklevoss, has announced plans to expand its headcount in Singapore. The company revealed in a blog post that it plans to increase its Singapore offices to over 100 employees. They also plan to include an engineering base in India as part of the APAC...

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Gemini Staking is now available in Switzerland! 🇨🇭

Gemini Staking is now available in Switzerland! 🇨🇭 What Is Gemini? Gemini is a privately-owned cryptocurrency exchange that lets you buy, sell, trade, and securely store more than 60 cryptocurrencies. It was launched in 2014 by Cameron and Tyler Winklevoss under the formal name Gemini Trust Co., LLC. 1. Gemini is one of the only major Bitcoin Exchange besides Binance and Coinbase to accept US customers. Staking on Gemini: What and Why? Staking is...

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Coinbase is Now Active in Bermuda

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Popular digital currency exchange Coinbase is launching its Bermuda-based trading platform. After just a few weeks of teasing that it had gotten the proper licensing documents due to regulatory scrutiny in the U.S., the firm appears to be opening its international enterprise without delay. Coinbase Has Opened...

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Bitstamp Joins Gemini and Archax on List of FCA-registered Exchanges

Amid growing concerns about consumer protection, market integrity, and financial crimes, the FCA has increased its scrutiny of the crypto sector. The UK’s Financial Conduct Authority (FCA) has approved Bitstamp’s registration as a crypto asset firm. Following the approval, Bitstamp became only the third firm to obtain the FCA license as a crypto exchange, following Gemini and Archax. Bitstamp Secures FCA Approval According to the FCA’s crypto register, Bitstamp UK Limited secured...

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Gemini Eyes UAE Expansion Amid US Uncertainty, Crypto.com Gets MPI License in Singapore

The Winklevoss-led crypto exchange Gemini announced it has started the process of acquiring a crypto license to serve customers based in the United Arab Emirates (UAE). As part of its global expansion plans, Gemini revealed engaging with stakeholders throughout the region to learn more about local regulatory requirements and the needs of UAE crypto investors. In other exchange-related news, Crypto.com said it had acquired a Major Payment Institution license for Digital...

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Crypto Exchange Gemini Seeks Operational License in UAE After European Expansion

Gemini is looking to expand its business offerings across the UAE as regulators begin to accept applications for VASP licensing. Leading cryptocurrency exchange Gemini has announced its plans to secure a license in the United Arab Emirates (UAE) to tap into the surging interest in digital assets in the region. The move aligns with the company’s commitment to catering to the evolving needs of investors and its plans to strengthen its position in the global crypto market. In a blog post...

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Gemini and Genesis File Motion for Dismissal of SEC Lawsuit Against Earn Products

Crypto exchange Gemini and bankrupt digital asset lender Genesis Global Capital have jointly filed a motion to dismiss a lawsuit from the U.S. Securities and Exchange Commission (SEC) against the former’s Earn program. According to a document filed at the United States District Court for the Southern District of New York on Friday, May 26, Gemini and Genesis insisted that the SEC has no basis in law to describe the Earn product as the sale of unregistered securities, as it...

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Gemini and Genesis File Motion to Dismiss SEC’s Lawsuit against Earn Program

The outcome of the SEC’s lawsuit against Gemini and Genesis is expected to have significant implications for the crypto industry and its evolving regulatory landscape. Gemini crypto exchange, and Genesis, an insolvent crypto lender, have jointly filed a motion in US federal court, seeking the dismissal of the complaint filed by the United States Securities and Exchange Commission (SEC) complaint against the Earn Program. The SEC alleges that the Earn Program, operated by both firms,...

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Gemini Will Base European Operations in Dublin, Ireland

The regulatory tension in the United States has caused many large crypto-focused companies to look abroad, and Gemini is no exception. The firm led by the Winklevoss twins has managed to secure a license to operate as a Virtual Asset Service Provider in Ireland. The company said it will host its European operation in Dublin. Leo Varadkar, the prime minister of Ireland, took the opportunity to formally congratulate Gemini. Gemini – the first firm registered by the Central Bank...

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