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ALL From Gemini

Gemini Flags ‘Big Plans’ for Asia With India Hub and Regional CEO

Cryptocurrency exchange Gemini is establishing a new engineering hub in India, with plans to tap into the country's top tech talent. The exchange's Global CTO, Pravjit Tiwana, will head up the operation, which will be the second-largest engineering hub for Gemini, after the US. Gemini's India arm will focus on developing web and mobile user experiences, contributions to platform compliance, data pipelines, warehousing, security, and payments. It will also develop new feature sets for Gemini's non-fungible token and crypto asset marketplaces. The exchange is actively hiring for 18 roles, 14 of which are engineering positions. Gemini is also expanding its business teams in India and Singapore to focus on growing Asia Pacific-based institutional and individual customers.

Gemini Has ‘Big Plans’ for Asia, Names Regional CEO, Opening India Office

Gemini, the U.S.-based crypto exchange founded by twins Cameron and Tyler Winklevoss, named a new chief executive officer for Asia-Pacific (APAC) and is set to open its first office in India as part of its "big plans" in the region.

Gemini Files for Pre-Registration Undertaking in Canada

On April 12, cryptocurrency exchange Gemini announced it filed a pre-registration undertaking with the Ontario Securities Commission (OSC), which oversees capital markets in Canada's most populous province. The undertaking is a prerequisite to becoming a restricted dealer in Canada and is necessary for all cryptocurrency exchanges wishing to conduct business in the country. Cynthia Del Pozo Garcia, Gemini's director of strategy and corporate development, wrote:

Crypto Evening Briefing: Twitter Partners With eToro to Let Users Trade Stocks, Crypto As Musk Pushes App Into Finance

Twitter users will be able to access stocks, cryptocurrencies and other financial assets through a partnership with eToro, a social trading company.
Crypto Evening Briefing: Twitter Partners With eToro to Let Users Trade Stocks, Crypto As Musk Pushes App Into Finance

Gemini Files Pre-Registration Undertaking With Ontario Securities Commission, Underscoring Dedication to Canadian Market

Gemini, the cryptocurrency exchange founded by the Winklevoss twins, has announced its continued commitment to the Canadian market by providing a pre-registration undertaking to the Ontario Securities Commission (OSC).
Gemini Files Pre-Registration Undertaking With Ontario Securities Commission, Underscoring Dedication to Canadian Market

Gemini Submits Filing to Stay Open in Canada

Gemini has filed a pre-registration undertaking to the Ontario Securities Commission in Canada to register as a restricted dealer, allowing it to continue serving retail users in the country. Recent Canadian securities regulations require crypto firms to segregate Canadian customer funds from foreign user funds and withhold certain services from residents of Canada. Gemini's decision to register in Canada means it will continue to serve retail users in the country, including acting as a sub-custodian to Canadian cryptocurrency exchange-traded funds. Other exchanges, such as Coinbase, Kraken, and Crypto.com, also intend to continue operating in Canada by filing the same pre-registration undertaking.

Winklevoss Brothers Reportedly Loan $100 Million to Crypto Exchange Gemini

Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has reportedly received a $100 million loan from the brothers. While two sources confirmed the loan, three others said that Gemini failed to secure funding from external investors.

Former Gemini Execs Launch Tokenized T-Bill Vault OpenEden

Jeremy Ng and Eugene Ng — Gemini's ex-Asia Pacific head and former head of business development for the region, respectively — unveiled a new crypto startup called OpenEden to offer exposure to tokenized Treasury Bills (T-Bills).

Gemini to Launch International Derivatives Platform Amid Binance Regulatory Woes

Gemini is reportedly set to launch perpetual futures products for international customers, following the trend of exchanges focusing on the derivatives market. However, it should be noted that in the US, retail traders are not allowed to trade perpetual futures. The move comes as the Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Binance over alleged violations of derivatives laws in the country. Gemini is also facing charges from the Securities and Exchange Commission over the unregistered offering and sale of crypto asset securities through Gemini Earn. Coinbase is also reportedly launching platforms for international users while facing scrutiny from regulators.

Crypto Exchange Gemini Looking to Launch Overseas Derivatives Operation: The Information

U.S.-based crypto exchange Gemini, which was founded by Cameron and Tyler Winklevoss, is reportedly looking to launch an international cryptocurrency derivatives exchange.