The US Securities and Exchange Commission (SEC)’s hard-line approach has led many high-profile cryptocurrency firms to look abroad.
Gemini is among them.
- Gemini, the cryptocurrency exchange led by Tyler and Cameron Winklevoss, has announced plans to expand its staff in Singapore.
- company open In a blog post that it plans to increase its offices in Singapore to more than 100 employees.
- They also plan to include an engineering base in India as part of APAC’s expansion.
Our Singapore office will serve as the hub for our larger operations in the Asia Pacific region. We believe APAC will be a great driver for the next wave of growth for cryptocurrency and Gemini. – reads the blog post.
- Gemini isn’t the only company with plans to expand outside the United States. Coinbase CEO Brian Armstrong also hinted that the SEC continues to clamp down on cryptocurrency-related companies.
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