Crypto exchange Gemini has revealed it is seeking a crypto license in the United Arab Emirates, citing fruitful conversations with regulators.
The Winklevoss-owned crypto exchange Gemini has announced that it has begun the process of acquiring a crypto service license for customers in the United Arab Emirates .
, Gemini cited increased enthusiasm for cryptocurrencies among citizens and positive conversations with regulators of the UAE as the reason for pursuing the license.Zaywa that the move was spurred on after experiencing “hostility and a lack of clarity” on crypto regulation in the United States.We’re thrilled to announce that Gemini will soon begin the process of acquiring a crypto license to serve customers based in the United Arab Emirates .
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