Gemini Launches Services in France Following Regulatory Approval
Winklevoss twins launched the Gemini exchange, which has received a regulatory license to operate in France. According to CNBC reports, the Autorite des marches financiers (AMF) authorized the exchange today as a provider of virtual asset services. After completing the required preparation processes, the company hopes to fully operationalize its platform for French consumers in […]
Gemini Files Lawsuit Against Genesis Over Bitcoin Trust Shares
Gemini Trust Co. has filed a lawsuit against Genesis over who will take control of the $1.6 billion Grayscale Bitcoin Trust (GBTC). As part of a tri-party agreement, Gemini operated a program that permitted users to lend digital assets to Genesis Global. Genesis distributed the Gemini Earn aggregated funds as loans to large organizations and […]
NYAG Sues Gemini, Genesis, DCG for $1 billion Crypto Fraud
The New York Attorney General (NYAG) has filed a lawsuit against crypto exchange Gemini, crypto lending firm Genesis, crypto investment company DCG, and two executives, alleging that they conspired to fraudulently represent Genesis’ financial condition to hide a $1 billion hole in its finances. Gemini lied to investors about the Earn program According to the […]
Gemini Appoints New Head of Operations for Indian Market
Following its $24 million investment, Gemini has appointed a new, skilled head of operations for the Indian market. Sachin Ranglani has been selected by the business to oversee its growth there. Rangliani joined Gemini in September as vice president and head of India. Rangliani formerly served as Paytm, an Indian fintech company,’s vice president of […]
Gemini to Cease Offering Crypto Services in Netherlands
Cryptocurrency exchange Gemini will stop offering services to customers in the Netherlands from November 17, citing regulatory pressures. Reddit sources claim that the exchange informed its customers in the nation of its decision to go into effect on November 17, 2023. Gemini attributed the decision to the DNB’s rules regarding cryptocurrency exchanges. It hasn’t, however, […]