Gemini Exchange Launches in the UK
The crypto exchange and custodian provides individuals and institutions with simple, reliable, and secure cryptocurrency exchange and custody services.
The UK launch follows the Financial Conduct Authority (FCA) granting it an Electronic Money Institution (EMI) license. Gemini is one of the first businesses that the FCA has approved as part of its Fifth Money Laundering Directive (5MLD) cryptoasset registration process.
Gemini now offers its secure platform to UK institutional investors in their local currency, enabling them to access crypto trading, market data, and custody services on behalf of their clients.
Tyler Winklevoss, Gemini CEO, said, "Going live with our full services available in GBP in the UK is another exciting step forward in Gemini's international expansion, advancing our mission to empower individuals and organizations around the world through crypto…We're proud to help usher the crypto revolution into this historic market and become a part of its rich tradition. We look forward to welcoming consumers and institutional customers to our platform."