{"id":52711,"date":"2023-06-20T14:56:46","date_gmt":"2023-06-20T18:56:46","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=52711"},"modified":"2023-06-20T16:15:25","modified_gmt":"2023-06-20T20:15:25","slug":"gemini-intends-to-expand-throughout-asia-pacific","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/gemini-intends-to-expand-throughout-asia-pacific\/","title":{"rendered":"Gemini Intends to Expand Throughout Asia-Pacific"},"content":{"rendered":"\n

Gemini, a cryptocurrency exchange founded by Cameron and Tyler Winklevoss<\/a> and headquartered in the US, has expressed its plans for expansion in the Asia-Pacific region.<\/p>\n\n\n\n

\"Gemini
Gemini Intends to Expand Throughout Asia-Pacific<\/figcaption><\/figure>\n\n\n\n

In a blog post on June 19, Gemini announced its intention to hire additional personnel for its Singapore office and establish an engineering division in India. The crypto exchange aims to expand significantly within the region over the next 12 months. Gemini stated:<\/p>\n\n\n\n

\n

“We believe that APAC will play a crucial role in driving the next phase of growth for both crypto and Gemini.” <\/p>\n<\/blockquote>\n\n\n\n

This expansion news comes when the exchange faces a lawsuit from the US Securities and Exchange Commission<\/a> (SEC) regarding its product “Gemini Earn,” which allows users to lend crypto assets to Genesis through the exchange. <\/p>\n\n\n\n

The SEC alleges that this offering violates US securities laws. Despite regulatory challenges and restrictions many cryptocurrency businesses face in the US, the crypto exchange is actively exploring new markets. <\/p>\n\n\n\n

April, the exchange initiated the registration process as a restricted dealer with the Ontario Securities Commission \r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>in Canada, a central financial authority in the country. <\/p>\n\n\n\n

Additionally, the Winklevoss twins announced in May that they would establish their base in Ireland to expand into European markets. The exchange's expansion into the Asia-pacific may signify a strategic move to establish a more substantial presence outside of U.S markets.<\/p>\n","protected":false},"excerpt":{"rendered":"

Gemini, a cryptocurrency exchange founded by Cameron and Tyler Winklevoss and headquartered in the US, has expressed its plans for expansion in the Asia-Pacific region. In a blog post on June 19, Gemini announced its intention to hire additional personnel for its Singapore office and establish an engineering division in India. The crypto exchange aims […]<\/p>\n","protected":false},"author":43,"featured_media":52713,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32],"tags":[11202,1276],"class_list":["post-52711","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-exchange-news","tag-asia-pacific","tag-gemini"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/06\/croc_1687286037196.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/52711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=52711"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/52711\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/52713"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=52711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=52711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=52711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}