Gemini receives license to provide electronic money services in Ireland
The license does not allow Gemini to operate as an exchange in the country, but it will let it passport e-money services throughout the EEA. Cryptocurrency exchange Gemini has received an electronic money license from the Central Bank of Ireland. It was the 18th organization to receive the license, and the first since October 2020. Gemini joined such license holders as Coinbase, Stripe, Square and Meta. The e-money license, for which Gemini applied in early 2020 and received oMarch 14, will allow it to issue electronic money, provide electronic payment services and handle electronic....
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The Central Bank of Ireland has provided regulatory approval to Gemini, a cryptocurrency exchange. Gemini will now be able to extend crypto services in Ireland. The exchange is situated in Ireland (Dublin), it established its headquarters there in the year 2021. After a thorough review of the security and compliance programmes, this license was granted […]
New York-based crypto exchange Gemini opened its local office in Dublin, Ireland, last year. Now, it is granted with a VASP license. New York-based crypto trading platform Gemini claims to be the first one to get registered as a virtual asset service provider (VASP) by the Central Bank of Ireland (CBI). Earlier in February 2022, a company received an electronic money institution (EMI) authorization from the CBI. The news was reported on Gemini’s official blog on Tuesday. As Gillian Lynch, head of Ireland and the European Union for Gemini, commented on the release: “Gemini was founded on....
Despite the shift, Cameron and Tyler Winklevoss continue to run the cryptocurrency exchange's global operations. Cameron Winklevoss, a co-founder of cryptocurrency exchange Gemini, has stepped down from the European company board of directors, according to a Companies House filing from Oct. 12.As indicated in a statement sent to the local press, Cameron continues to lead Gemini's global operations alongside his twin brother Tyler Winklevoss:“We can confirm this change was filed with Companies House and brings local leadership onto the board of directors to reflect the growth of Gemini's....
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Cryptocurrency Binance has received another license from Dubai’s crypto regulator. Binance can now provide more crypto-related services in Dubai. Binance’s New License in Dubai Cryptocurrency Binance announced Wednesday that it has received the Minimal Viable Product (MVP) license from Dubai’s Virtual Asset Regulatory Authority (VARA). The announcement details that besides allowing Binance to “open a client money account with a domestic bank,” having an MVP license means: Binance can offer an approved range of virtual asset-related services to suitably....