Sunday, February 5, 2023
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Gemini Launches Its Crypto Services in Six European Countries

by Solomon Oladipupo
October 31, 2022
in Cryptocurrency
Reading Time: 5 mins read
A A
0
Home Cryptocurrency
Share on FacebookShare on Twitter


Gemini, an American cryptocurrency exchange, has launched in six new countries in Europe.

Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments.

These are Denmark, Sweden, Portugal, Czechia, Latvia, and Liechtenstein, Gillian Lynch, Gemini’s Head of Ireland and European Union, announced on Monday.

We are thrilled to announce that individuals and institutions in Denmark, Sweden, Portugal, Czechia, Latvia, and Liechtenstein can now open a Gemini account to deposit, trade, and custody over 100 cryptocurrencies.

Learn more on our blog: https://t.co/S88NYB6m5f pic.twitter.com/aUptjuiZ6B

— Gemini (@Gemini) October 31, 2022

“Launching in these six countries represents further progress in Gemini’s continued rollout across Europe, which is built on a foundation of positive engagement with regulators and policymakers to obtain relevant authorizations and registrations,” Lynch said.

Keep Reading

The launch means that users from these various European countries can “open a Gemini account to deposit, trade, and custody over 100 cryptocurrencies,” Lynch noted.

She added that the introduction of cryptocurrency services in the region is targeted at both individuals and institutions.

For individual use, Lynch explained, advanced traders can deploy the crypto exchange’s crypto trading interface, Active Trader.

On the other hand, institutional clients can go for the exchange’s institutional-grade platform.

The platform is available to financial institutions and corporations, the executive said, adding that the platform also offers “custody, clearing, trade execution, price discovery and portfolio management services all in one place.”

However, this new trajectory is quite contrary to the downsizing wave that swept through Gemini during the recent crypto market turmoil.

The exchange in June relieved 10% of its staff of their duties in preparation for a ‘crypto winter’ or the expected period of a downward spiral in cryptocurrency prices.

Ireland Record

On a positive note, Gemini’s further expansion into European markets complements its recent emergence as the first crypto exchange to be approved as a virtual asset service provider (VASP) by the Central Bank of Ireland.

The exchange last year had opened its headquarters in Ireland’s capital city, Dublin.

Meanwhile, in July, Gemini struck a partnership deal with Plaid, an open banking and payments platform, to enable the bank’s UK customers to buy cryptos through their bank accounts.

The exchange noted that the collaboration meant customers of the bank will not be required to enter their bank details or pay any additional fees to make deposits into their accounts.

Gemini, an American cryptocurrency exchange, has launched in six new countries in Europe.

These are Denmark, Sweden, Portugal, Czechia, Latvia, and Liechtenstein, Gillian Lynch, Gemini’s Head of Ireland and European Union, announced on Monday.

Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments.

We are thrilled to announce that individuals and institutions in Denmark, Sweden, Portugal, Czechia, Latvia, and Liechtenstein can now open a Gemini account to deposit, trade, and custody over 100 cryptocurrencies.

Learn more on our blog: https://t.co/S88NYB6m5f pic.twitter.com/aUptjuiZ6B

— Gemini (@Gemini) October 31, 2022

“Launching in these six countries represents further progress in Gemini’s continued rollout across Europe, which is built on a foundation of positive engagement with regulators and policymakers to obtain relevant authorizations and registrations,” Lynch said.

Keep Reading

The launch means that users from these various European countries can “open a Gemini account to deposit, trade, and custody over 100 cryptocurrencies,” Lynch noted.

She added that the introduction of cryptocurrency services in the region is targeted at both individuals and institutions.

For individual use, Lynch explained, advanced traders can deploy the crypto exchange’s crypto trading interface, Active Trader.

On the other hand, institutional clients can go for the exchange’s institutional-grade platform.

The platform is available to financial institutions and corporations, the executive said, adding that the platform also offers “custody, clearing, trade execution, price discovery and portfolio management services all in one place.”

However, this new trajectory is quite contrary to the downsizing wave that swept through Gemini during the recent crypto market turmoil.

The exchange in June relieved 10% of its staff of their duties in preparation for a ‘crypto winter’ or the expected period of a downward spiral in cryptocurrency prices.

Ireland Record

On a positive note, Gemini’s further expansion into European markets complements its recent emergence as the first crypto exchange to be approved as a virtual asset service provider (VASP) by the Central Bank of Ireland.

The exchange last year had opened its headquarters in Ireland’s capital city, Dublin.

Meanwhile, in July, Gemini struck a partnership deal with Plaid, an open banking and payments platform, to enable the bank’s UK customers to buy cryptos through their bank accounts.

The exchange noted that the collaboration meant customers of the bank will not be required to enter their bank details or pay any additional fees to make deposits into their accounts.





Source link

Tags: countriesCryptoEuropeanGeminiLaunchesservices
Previous Post

Bearish Sentiment Fuels Market Rally

Next Post

GameStop Extends NFT Store to ImmutableX

Related Posts

Filecoin Creator Protocol Labs Announces Layoffs Amid Crypto Winter and Economic Downturn – Bitcoin News

by Jamie Redman
February 5, 2023
0

Protocol Labs CEO Juan Benet published a blog post on Friday announcing that 21% of the company’s staff will be...

London emerges as world’s most crypto-ready city for business — Research

by Euro Times
February 5, 2023
0

Along with pro-crypto regulations, mainstream adoption of cryptocurrencies requires a supporting infrastructure that can allow the general public access and...

New Jersey enforces cease and desist orders against three ‘pig butcher’ scammers By Cointelegraph

by Cointelegraph
February 5, 2023
0

© Reuters. The New Jersey Bureau of Securities has ordered three website operators to stop luring romance-seeking victims into their...

Price Prediction: By February 9, 2023, Zilliqa (ZIL) Value Will Increase to $0.045938

by Nemo Kimani
February 4, 2023
0

Join Our Telegram channel to stay up to date on breaking news coverage Zilliqa is currently trading at $0.030 and...

How Long Till The Hedera Coin Resumes Its Recovery?

by Brian Bollinger
February 4, 2023
0

Published 8 seconds ago The Fast Recovering Hedera coin price has recently halted at a multi-month resistance of $0.075. With...

Is the crypto bottom in? On-chain says yes, macro says pain occurs after the fed pause

by Andjela Radmilac
February 4, 2023
0

IntroductionThe collapse of Terra (LUNA) in June 2022 was the spark that ignited a fire that kept devouring the crypto...

Next Post

GameStop Extends NFT Store to ImmutableX

SEC filing: Jack Dorsey has agreed to roll over his remaining 2.4% in Twitter, worth over $1B, into X Holdings, an amount Elon Musk won't have to pay (Kali Hays/Insider)

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Train carrying hazardous chemicals derails — RT World News

February 5, 2023

Foxconn’s January sales surge as China COVID disruption shaken off By Reuters

February 5, 2023

Hotel sector looks lucrative amid govt’s special focus on tourism, says ICICI Securities – suggests to buy these 2 stocks

February 5, 2023

Filecoin Creator Protocol Labs Announces Layoffs Amid Crypto Winter and Economic Downturn – Bitcoin News

February 5, 2023

Why This Recession is a HUGE Opportunity for Investors

February 5, 2023

Pervez Musharraf, the four-star general who ruled Pakistan for nearly a decade

February 5, 2023
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Train carrying hazardous chemicals derails — RT World News

Foxconn’s January sales surge as China COVID disruption shaken off By Reuters

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In