Gemini wants to enter the UK market

in #cryptocurrency6 years ago

The exchange house of the Winklevoss twins want to expand operations to the UK market, Gemini is currently in the 58th position in trading volume.

According to a source, they are seeking approval from the Financial Conduct Authority, a regulator of the UK market.

Gemini.png

image source: https://bcfocus.com/news/gemini-first-bitlicensed-exchange-new-york-state-approves-privacy-coin-trading/13091/

Already last week the UK Parliament asked the Financial Conduct Authority to develop a specific regulatory framework for the nascent market of cryptocurrencies.

Gemini is already operating under the compliances of all the regulations stipulated by the North American regulators, obtaining a BitLicense.

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