Gemini Plans A European Headquarters In Ireland
Gemini, a US-based company, declared it would base its European operations in Dublin, Ireland. On Thursday, Cameron Winklevoss tweeted the news as US cryptocurrency exchanges scurried to expand their operations in the face of escalating regulatory scrutiny.
According to Bloomberg, Gemini cited Dublin’s vibrant start-up scene as one of the reasons the exchange chose to base its European operations there. A number of cryptocurrency companies are exploring a move away from the US after the Markets in Crypto Assets (MiCA) law of the European Union was passed last week.
The Prime Minister added that Gemini’s choice to locate its headquarters in Ireland demonstrates the Irish government’s commitment to innovation.
(With inputs from Shikha Singh)
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