Gemini Will Base European Operations in Dublin, Ireland

Regulatory tension in the US has caused many large cryptocurrency-focused companies to look abroad, and Gemini is no exception.

The company led by the Winklevoss twins has been able to obtain a license to operate as a Virtual Asset Service Provider in Ireland. The company said it would host its European operations in Dublin.

• Leo Varadkar, the Prime Minister of Ireland, solemnly seized the opportunity Congratulation twin.

Gemini – the first company registered by the Central Bank of Ireland as a Virtual Asset Service Provider. This is important for Ireland as the government focuses on innovation as an engine of growth. I wish Gemini every success as they build their team in Ireland.

• In addition, the Prime Minister also said that the company’s decision to base its operations in Ireland “highlights” its “competitive offering to the international financial services sector”.
• at recent days reportsGemini also announced plans to establish its headquarters for EU operations in Dublin.
• This comes ahead of the introduction of the world’s first comprehensive regulatory framework for cryptocurrency assets across the European Union – MiCA.