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Last week was eventful for Gemini. They faced similar accusations brought by the United States Securities and Exchange Commission (SEC) as Ripple. Subsequently, they had to deal with various operational and regulatory challenges. Despite the ongoing SEC case, Ripple is still determined to pursue growth. In Asia, more robust regulations on
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Gemini has responded to the US Securities and Exchange Commission (SEC) lawsuit over its Earn Product. The exchange and its partner, now-bankrupt Genesis lender, gear up for a spectacular judicial fight. Gemini marked the SEC charges as
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Gemini Trust Co., a cryptocurrency exchange, and bankrupt lender Genesis Global Capital have jointly filed for the dismissal of a lawsuit brought by the Securities and Exchange Commission (SEC). The lawsuit claims that their Earn product violated securities regulations by offering unregistered securities.In their legal filings, the companies contended that
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Gemini also plans to expand its workforce after the EU adopted the new Markets in Crypto-Assets Regulations (MiCA), which were formally approved on May 16. Cryptocurrency firm Gemini has revealed that Dublin, Ireland, will be the home of its new European headquarters. On May 25, Tyler and Cameron Winklevoss, owners
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto exchange Gemini has revealed its strategic decision to set sail from the stormy seas of US regulation to the promising shores of Dublin, Ireland, establishing its European base. The Winklevoss twins, founders of the exchange, view
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Crypto exchange Gemini has selected Dublin as the headquarters for its European operations, amid a backdrop of crypto companies seeking expansion outside of the United States.On May 25, Cameron and Tyler Winklevoss, who founded Gemini in 2014, confirmed that they had selected Ireland as a base to grow the company’s
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Philippines’ Securities and Exchange Commission (SEC) has warned residents against investing in Gemini’s recently launched derivatives products, as the exchange does not have the necessary license or authority to operate the business in the country. The
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Gemini seeks to exact its owed payment sum from Genesis parent DCG and is working with several creditors on a forbearance plan. Gemini Trust Company LLC recently said that Genesis parent DCG missed a $630 million loan payment last week. This development is the latest occurrence in the ongoing dispute between
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Gemini says it is working with Genesis, DCG, and creditors to provide forbearance to DCG in order to avoid a default. Original Source
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The company has promised its customers that it will be expanding its derivatives offering with additional perpetual contracts, dated futures, and options in the coming weeks. One of the top traded centralized crypto exchanges, Gemini Trust Company LLC, has announced the launch of its non-United States entity to serve markets outside
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