Winklevoss twins name Dublin as European HQ for Gemini crypto exchange via IrishTimesBiz
Under the framework, which was overwhelmingly backed by the European Parliament in April, firms that issue and trade crypto assets will have to apply for a licence from a national regulator, effectively giving them a “passport” to serve customers in other jurisdictions across the bloc.
In a statement, the company said that the decision to establish Gemini’s European headquarters in Dublin was partially based on its “positive view of the Irish regulatory landscape”. On the outlook for Gemini’s Irish headcount, Mr Winklevoss said that it is “very possible” that its team here will grow by “a multiple if not magnitude” over the next two years as MiCA is fully rolled out across the EU. “I think you’re gonna get a Cambrian explosion of innovation [in Europe as a consequence of MiCA].”
Emboldened by recent industry scandals, including the collapse of Sam Bankman-Fried’s FTX, US regulators have cracked down on the sector over the past year, launching a spate of enforcement actions against companies including Gemini.
España Últimas Noticias, España Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Residents oppose revised plans for 402 apartments in south DublinShannon Homes submits more modest proposal after previous permission was overturned by High Court amid concerns over density via IrishTimesBiz
Leer más »
Noel Smyth gets go-ahead for 245-bed hotel above ArnottsNoel Smyth’s Fitzwilliam Real Estate has been given the green light for a nine-storey 245-bedroom ‘lean luxury’ hotel over Arnotts department store in Dublin.
Leer más »
Meta loses court battle with European Commission over request to hand over documentsFacebook owner argued Commission overreached in its investigation of suspected anti-competitive behaviour
Leer más »