The Gemini crypto exchange wants to continue expanding globally.
The large American cryptocurrency exchange Gemini continues to expand into the Asia-Pacific region and has a top-class position
Andy Meehan, a former executive at the major US investment bank Morgan Stanley, joins Gemini as Head of Compliance for the APAC region.
On the October 7 announcement , Bitcoin Machine executives noted that Meehan would be working with regulators and advocating good regulation.
The former chief legal officer of Morgan Stanley’s Global White-collar Crime Division in APAC will now shape Gemini’s strategy, product and operations in the region. Gemini’s new Compliance Director will be based in Singapore and will work with Gemini’s new APAC General Manager, Jeremy Ng.
Gemini officials told Cointelegraph that the APAC region remains a key priority for the company. Earlier this year, the company has a license under the Payment Services Act 2019 in financial supervision in Singapore requested .
Significant regulatory developments in Singapore have resulted in Gemini so heavily on Southeast Asia focused
Cameron Winklevoss, president and co-founder of Gemini, has welcomed the progress made in the local crypto regulations and declared that Singaporeans Financial had „developed a sophisticated regulation, which paves the way for greater acceptance and innovation“.
Gemini is expanding into new regions worldwide. It also opened a branch in the UK at the end of September .