
Crypto Exchange Gemini Sets Hub in Malta to Comply with Europe’s MiCA
Gemini has announced the creation of a European hub in Malta to align with the EU’s Markets in Crypto Assets (MiCA) regulations.
Follow the latest news on Cameron and Tyler Winklevoss, founders of Gemini. Stay informed on their crypto ventures, regulatory stances, Bitcoin advocacy, and impact on the digital asset industry.
Gemini has announced the creation of a European hub in Malta to align with the EU’s Markets in Crypto Assets (MiCA) regulations.
Today’s vote may set the future regulatory tone for crypto in the United States, with industry leaders divided on which administration would better support growth.
The future of prediction markets is currently uncertain as regulatory bodies like the CFTC evaluate their role and potential risks.
Peter Schiff said that now that the Biden administration is aware of Donald Trump’s plans to make Bitcoin a strategic reserve, they would take this to their advantage.
Cameron Winklevoss urged the US vice president to take swift and concrete action to address the damage done to the crypto sector over the past four years.
Tyler Winklevoss lashed out at SEC chair Gary Gensler and FDIC Chair Martin Gruenberg while referring to both of them as “lapdogs and attack dogs” who leveraged the power of their agencies to push Warren’s anti-crypto policies.
The PAC also received financial donations from industry giants last year, including Coinbase and Ripple.
The approved ETFs are expected to attract significant inflows. Estimates suggest that Valkyrie could see $200-400 million, with the overall market experiencing $4-5 billion in inflows within the first few weeks.
Ripple CEO Brad Garlinghouse reminds how Jay Clayton has pushed the case against Ripple while exposing his hypocrisy against the recent SEC actions.
Gemini said that the recent report from New York Post is quite misleading and “pure fantasy”. The exchange added that all the funds belonged to its Earn users.
Gemini began its venture into the Indian market earlier this year after it announced the opening of its second-largest office in Gurgaon.
Winklevoss has now asked DCG to repay a total debt of $1.46 billion or face a lawsuit.
The Gemini founders filed for the first Bitcoin ETF with the US SEC ten years ago, which was rejected for almost the same reason the recent BlackRock and Fidelity products were dismissed.
A flood of spot Bitcoin ETF applications coming from the wealthiest asset managers of the world has fuelled investor optimism with BTC price gaining more than 20% in the last three days.
While some Democrats have been criticized for their regulatory stance on cryptocurrencies, it is essential to recognize that not all members of the party hold an anti-crypto position.