Gemini Picks Ireland for European HQ

Gemini Picks Ireland for European HQ

Gemini Trust Co. announces plans to establish its European headquarters in Dublin, Ireland, becoming the first crypto exchange to register as a VASP in Ireland.

The Winklevoss-owned cryptocurrency exchange Gemini Trust Co. will set up its European headquarters in Dublin, Ireland.

US-based Gemini announced it will run its European operations out of Dublin, Ireland. Cameron Winklevoss shared the latest information via his Twitter feed on Thursday as American cryptocurrency exchanges scramble to widen operations amid the intensifying regulatory crackdown in the US.

Bloomberg reports Gemini cited Dublin’s thriving start-up culture as a pull factor for the exchange to establish its European operations there. Following the European Union’s Markets in Cryptocurrency Assets (MiCA) regulation was approved past week, plenty of cryptocurrency corporations are seeing as a shift away from the US.

Bitcoin vs. Ethereum: The Ultimate Crypto Showdown!

Gemini Is the 1st Cryptocurrency Exchange to Register as a VASP in Ireland

Leo Varadkar, Prime Minister of Ireland, congratulated Gemini on Twitter.

The PM further stated Gemini’s decision to set up its headquarters in Ireland points towards the Irish government’s dedication to innovation.

Varadkar said:

Gemini’s decision to locate in Ireland outlines our competitive offering for the international financial services sector. I wish Gemini every success as they build their team in Ireland.

Gemini Launches Offshore Cryptocurrency Derivatives Exchange

Less than a 30 days ago, Gemini launched Gemini Foundation, an offshore digital currency derivative platform. The new exchange launched in 30 countries but is not available to United States, United Kingdom, or EU users.

Revolutionary Proposal Sparks USTC Price Surge to $1

Gemini stated the platform would allow users to start trading with Bitcoin (BTC) perpetual contracts, denominated in Gemini Dollar (GUSD) and offers 100x leverage.


Read Disclaimer
This page is simply meant to provide information. It does not constitute a direct offer to purchase or sell, a solicitation of an offer to buy or sell, or a suggestion or endorsement of any goods, services, or businesses. does not offer accounting, tax, or legal advice. When using or relying on any of the products, services, or content described in this article, neither the firm nor the author is liable, directly or indirectly, for any harm or loss that may result. Read more at Important Disclaimers and at Risk Disclaimers.

Follow us

Latest Crypto News

Share via
Share via
Send this to a friend