Gemini receives virtual asset service provider license in Ireland
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....
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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 […]
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....
Estonia’s Financial Intelligence Unit has issued its first license to a crypto service provider under the country’s new regulatory framework that entered into force in March. “Striga Technology OÜ is the first entrepreneur, who is authorized for the first time to provide a virtual currency service since the amendments of the Money Laundering and Terrorist Financing Prevention Act,” the regulator detailed. First License Issued Under New Crypto Regulatory Framework The Estonian Financial Intelligence Unit (FIU) announced this week that it licensed Striga....
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....
The Cuban central bank released regulations for virtual asset service providers on Tuesday, a move that some experts believe could help the Communist-run Caribbean island avoid hefty US sanctions. Cuban Central Bank Announces Crypto License The Central Bank of Cuba (BCC) has declared that virtual asset service companies would be granted licenses. The license will […]