- Gemini has focused efforts outside the U.S. in recent months.
- The firm has now set its sights on Europe.
- The move follows a crypto regulatory crackdown at home.
Like several other crypto firms based in the United States, Gemini has focused development and expansion efforts abroad in recent months.
In April, the crypto exchange disclosed plans to launch an engineering facility in Gurgaon, India, to rival its offices in the U.S. Days later, the firm confirmed the launch of an international derivatives trading platform that did not service U.S. customers due to restrictive rules.
With the passing of the Markets in Crypto-Assets (MiCA) bill, Gemini has now set its sights on Europe, announcing Dublin, Ireland, as its preferred base of operations.
Gemini Tips Ireland as Lucky Ticket to Europe
In a tweet on Thursday, May 25, hailing MiCA as “common sense regulation,” Gemini co-founder Cameron Winklevoss…