In a major relief for the customers impacted by the Voyager bankruptcy, crypto exchange Gemini has announced the enabling of withdrawals. The crypto transfer window will end on July 23, 2023. In a recent blog post, Gemini confirmed allowing withdrawals for victims of the Voyager bankruptcy case while simultaneously offering a promotional welcome to all Voyager customers who join the crypto exchange. The exchange plans to offer $5 in BTC to new US customers from the bankrupt...
Read More »Crypto Exchange Gemini Launches ETH Staking Pro in the UK
Leading cryptocurrency exchange Gemini has announced the launch of its Ethereum (ETH) staking program in the United Kingdom. Dubbed Gemini Staking Pro, the product will enable institutions and high-net-worth individuals to run validators on the Ethereum blockchain. The development aligns with Gemini’s expansion plans, as the staking program is already live in the United States (except New York), Hong Kong, Brazil, Singapore, Australia, and over 30 other countries. Gemini...
Read More »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...
Read More »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...
Read More »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...
Read More »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...
Read More »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...
Read More »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...
Read More »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...
Read More »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...
Read More »