general

Ireland gives Gemini the green light to offer crypto services in the country

Ireland gives Gemini the green light to offer crypto services in the country

The content site is one of the sites that provide the service of answering general questions and solving puzzles and crossword puzzles

Where the content site is primarily interested in answering your questions in all areas, including solving puzzles and crossword puzzles

Answer Ireland gives Gemini the green light to offer crypto services in the country

The Central Bank of Ireland has given regulatory approval to Gemini, a cryptocurrency trading service provider, to operate in the local market.

In addition, the company became the first registered Virtual Asset Service Provider (VASP) in the country.

The trading firm run by billionaire twins Cameron and Tyler Winklevoss continues to expand its presence in a multinational manner.

In a recent tweet, the company revealed that the latest destination to be given the green light to operate as a virtual asset service provider is Ireland.

It is worth noting that VASP registration was introduced in Ireland last year, which requires companies to comply with anti-money laundering and anti-terrorist financing laws.

Read:Global Stock Markets Lose 694,573,873 Bitcoins This Week

Jillian Lynch, Gemini’s Head of Ireland and Europe said:

Settling in the country is a big step, given the company’s ambitions and stringent local requirements.

We believe regulation is vital to protect investors and provide a secure experience with digital assets.

Dublin is the European headquarters of Gemini, and we are seeing a lot of interest in cryptocurrency here.

This registration helps customers trust Gemini as a secure and transparent provider.

Research conducted by Gemini earlier this year found that Ireland is the most curious country in the crypto space worldwide.

With nearly 60% of Irish people finding digital assets interesting, while 18% are long-term Bitcoin HODLers.

Despite the recent expansion, the company has had to deal with some significant problems caused by the market downturn and investor inflows.

A month ago, the company said that about 10% of its current employees would be laid off, while the following reports revealed that the company had laid off another 60 workers.

Read:For the second time and in two months … the “Deus Finance” project was hacked and cryptocurrencies worth more than $13 million were stolen

Read also:

Quietly and quietly…Cryptocurrency exchange Gemini is laying off more than 60 employees

Project Polygon Unveils Most Important Upgrade of 2022 as MATIC Cryptocurrency Price Rise and Impact


And you can ask questions on the content site through the word “Ask a question” at the top of the site, where we answer your questions in a short time

Previous post
Raid on 7 cryptocurrency exchanges in South Korea to investigate Terra
Next post
Project Polygon Unveils Most Important Upgrade of 2022 as MATIC Cryptocurrency Price Rise and Impact