Category: Gemini

Buy, Sell, Trade Bitcoin with Credit Card & 100+ Cryptocurrencies @ BEST rates from multiple sources, Wallet-to-Wallet, Non-Custodial!

Solve the Riddle: Gemini’s Series of Posts on XRP Signals Possible Relisting

Source: Pixabay Crypto exchange Gemini, founded by the Winklevoss twins, is possibly  trying to relist Ripple (XRP) token, crypto community speculates. In a series of posts on X (formerly Twitter), Gemini expressed its interest in the token, hinting a possible expansion of XRP trading options. Don’t forget about xrp — Gemini (@Gemini) January 21, 2024…
Read more

Crypto Exchange Gemini Secures Registration in France — Now Operational in Over 70 Countries

Cryptocurrency exchange Gemini is now registered as a digital asset service provider in France. The crypto firm explained that following the launch of its EU headquarters in Ireland in 2022, “Gemini is now operational in more than a dozen EU countries and more than 70 countries worldwide, with more countries on the roadmap.” Gemini Registered…
Read more

Genesis Alleges Multi-Million Dollar Preferential Transfers by Gemini Amidst Crypto Turmoil

In a recent legal move, Digital Currency Group’s (DCG) subsidiary Genesis Global Capital LLC has filed a complaint against the crypto exchange platform and custodian Gemini. Genesis hopes to claw back $689 million from the centralized crypto trading platform founded by Cameron and Tyler Winklevoss in 2014. Genesis Targets Gemini in $689M Legal Battle Over…
Read more

Gemini Adapts to UK’s Travel Rule, Implements Outward Transfer Restrictions to Comply

Gemini, a cryptocurrency exchange, has implemented changes in response to new regulations affecting virtual asset service providers (VASPs) in the UK. On November 7, Gemini announced adjustments to align with the new Travel Rule regulations in the UK. These changes involve a set of global standards requiring financial institutions and VASPs to share information about…
Read more

Gemini CTO and APAC CEO Pravjit Tiwana Reportedly Leaving Company After Nearly 2 Years

Source: Gemini Pravjit Tiwana, the global Chief Technology Officer (CTO) and Asia head of Gemini Trust Co., is reportedly leaving the company. Gemini Trust Co., co-founded by twin entrepreneurs Tyler and Cameron Winklevoss, has been grappling with the ongoing hurdles of securing and retaining talent amid the ongoing regulatory challenges in the US. CryptoNews recently…
Read more

Gemini Seeks Control of $1.6 Billion Grayscale Shares in Lawsuit

Image Source: Shutterstock Crypto exchange Gemini has initiated a lawsuit against digital asset lender Genesis in an attempt to gain control over $1.6 billion worth of Grayscale Bitcoin Trust shares. The lawsuit, filed on Friday in the U.S. Bankruptcy Court Southern District of New York, aims to recover the shares to repay clients of Gemini’s…
Read more

Gemini sues Genesis over GBTC shares used as Earn collateral, now worth $1.6B

Genesis wants to use the shares’ initial value in claims and is not releasing additional collateral transferred by DCG, the suit claims. Cryptocurrency exchange Gemini filed an adversary proceeding against bankrupt crypto lender Genesis Global Holdco in the Southern District of New York Bankruptcy Court on Oct. 27. At issue is the fate of 62,086,586 shares…
Read more

Gemini, Genesis, DCG Face $1B Fraud Lawsuit by NY Attorney General; Gemini Says It’s the ‘Victim’ in Scandal

New York Attorney General Letitia James filed a lawsuit against crypto companies Gemini Trust Company, Genesis Global Capital, and its parent company Digital Currency Group (DCG) for allegedly defrauding over 230,000 investors out of more than $1 billion. The lawsuit claims the companies lied about the risks of their lending program and tried to conceal…
Read more

Exclusive: India Will Be Core Hub for Web3 Innovation, Says Gemini APAC CEO

In an exclusive interview with CryptoNews, Gemini APAC CEO and Global Chief Technology Officer (CTO), Pravjit Tiwana, shared insights into the company’s strategic vision for India as their core hub for Web3 innovation.  Tiwana believes that India will play a pivotal role in leading web3 innovation for Gemini and the broader web3 and crypto community.…
Read more

Crypto Biz: Kraken offers stock trading as exchanges adapt to changing regulations

This week’s Crypto Biz explores Kraken’s securities arm, Gemini’s expansion in India, Binance’s return to Belgium, and an oil company in Argentina investing in crypto mining. Cryptocurrency exchanges are adopting alternative strategies to conduct business in the face of tighter crypto regulatory environments worldwide. Signs are everywhere. Kraken is reportedly moving to offer securities trading in…
Read more