The regulatory tension in the United States has caused many large crypto-focused companies to look abroad, and Gemini is no exception.
The firm led by the Winklevoss twins has managed to secure a license to operate as a Virtual Asset Service Provider in Ireland. The company said it will host its European operation in Dublin.
Gemini – the first firm registered by the Central Bank of Ireland as a Virtual Asset Service Provider. This is significant for Ireland as the Government foccuses on innovation as a driver of growth. I wish Gemini every success as they build their team in Ireland.