Tue, December 10

Gemini Expands into France Amid Growing Crypto Interest

An announcement was made on Tuesday stating that Gemini, the cryptocurrency exchange established by the Winklevoss twins in the United States, is beginning operations in France. As the extensive Markets in Crypto-Assets regulation starts to transform the interaction between the trading bloc and the crypto sector, this step signifies the

November 19, 2024 2 mins read

Crypto Exchange Gemini Secures In-Principle Approval in Singapore

The cryptocurrency exchange Gemini, led by the Winklevoss Twins, has received In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) for its Major Payment Institution (MPI) license.  NEW: Gemini receives In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) for its Major Payment Institution (MPI) license Application. This

October 29, 2024 2 mins read

Gemini to Wind Down Operations in Canada by End Of 2024

The cryptocurrency exchange Gemini, run by the Winklevoss brothers, announced the closure of all customer accounts in Canada. The decision follows the recent Canadian Securities Administrators (CSA) tightened regulations for crypto exchanges and trading platforms operation in the country. The exchange informed the Canadian users through email notice on September

October 1, 2024 2 mins read

Gemini Urges CFTC to Abandon Event Contracts on Prediction Markets Ban Proposal

Gemini, a cryptocurrency exchange, has asked US authorities to shelve a proposal that would outlaw event contracts on decentralized prediction markets if it were to pass. In a letter sent to Christopher Kirkpatrick, secretary of the US Commodity Futures Trading Commission (CFTC), on August 8, Gemini emphasized the negative effects

August 11, 2024 2 mins read

Gemini Founders Donate Bitcoin To Support Trump Win Biden

The founders of the crypto exchange Gemini, have contributed 30.94 BTC worth $2 million to Presidential candidate Donald Trump’s campaign. Winklevoss twins —Tyler and Cameron —  are optimistic about Trump’s pro-crypto stance putting “an end to the Biden Administration’s war on crypto.”  In his X post, Tyler Winklevoss criticized President

June 21, 2024 2 mins read

Gemini Settles Fraud Charges Over Failed Lending Program for $50 Million

The failure of Gemini Earn, the exchange’s lending program, led to charges of fraud, which Gemini agreed to settle for $50 million. This follows strict regulations imposed in New York on lending initiatives associated with cryptocurrency. The authorities claim that the settlement would recompense the victims of fraud and clear

June 14, 2024 1 min read

Gemini Distributes $2.18 Billion in Digital Assets to Earn Program Users

Users of the now-defunct Earn lending program have started to get their funds via cryptocurrency exchange Gemini. A statement on May 29 states that members of Gemini’s Earn program received $2.18 billion in digital assets, which amounts to 97% of the assets owed to them and a 232% recovery after

May 30, 2024 1 min read

U.S Court Rejects Motion to Dismiss SEC Complaint on Gemini Earn Program

In a complaint launched by the U.S SEC over the Gemini Earn program, a U.S. district court dismissed petitions by crypto lender Genesis and crypto exchange Gemini to dismiss the case. The SEC “plausibly alleged” that Genesis Global Capital, LLC and Gemini Trust Company, LLC marketed and sold unregistered securities,

March 14, 2024 2 mins read

Gemini Sues Genesis Global To Recover 60 Million GBTC Shares

In a lawsuit against Genesis Global, crypto exchange Gemini seeks to recover 60 million shares of the Grayscale Bitcoin Trust (GBTC) that were committed as collateral for the Gemini Earn product. To access the funds that were frozen when Genesis temporarily stopped processing withdrawals last year, Gemini has launched an

October 27, 2023 2 mins read

Crypto Exchange Gemini Bolsters Indian Expansion With Key Recruits

After investing $24 million to extend operations to India, cryptocurrency exchange Gemini has named a head of operations for its Indian arm. According to his LinkedIn page, Sachin Ranglani, who had substantial expertise in the IT industry, joined the company in the roles of Vice President and India Head in

October 10, 2023 1 min read