Gemini enters Europe through Ireland

Gemini has entered the Irish market, reports Blockchain.News. The company now provides crypto exchange and custody services to individuals and institutions.

Gemini announced that users can access their web site and mobile application to create accounts and purchase cryptocurrencies in EUR or GBP. Additionally, users can also fund their accounts via debit card, Apple Pay, Google Pay or SEPA transfer and use ActiveTrader – their high-performance trading platform.

Gemini also announced that access to “custody, clearing, trade execution, price discovery and portfolio construction services – all in one place” has been granted to all Irish institutions, corporations and the like.

Gemini has generally been said to be a regulatory-focused North American crypto exchange, but its expansion into Europe has proved otherwise and represents a collaborative push.

The company has said that the move is “the latest step in the company’s European growth strategy,” which is “built on an approach of proactive and positive engagement with regulators and policymakers.”

The plan to enter Ireland was first announced to only a few users via email, explaining that the company had recently received authorisation as an Electronic Money Institution and registration as a Virtual Asset Service Provider (VASP) by the Central Bank of Ireland.

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