Gemini Secures Regulatory Approvals to Operate in Italy and Greece

November 30, 2022

These registrations, combined with our electronic money institution authorisation from the Central Bank of Ireland, allow Gemini to offer our secure crypto services to customers in Italy and Greece. Gemini’s registrations with the OAM and HCMC demonstrate our compliance with applicable Italian and Greek Anti-Money Laundering and Counter Terrorist Financing regulations. As we expand across Europe, we continue to work in tandem with national and international regulators and policymakers to ensure that we are meeting the necessary regulatory requirements in all new markets. Strong regulatory compliance has always been a core tenet of Gemini’s ethos; we believe that the long-term success and integrity of crypto markets and companies in the space depends on it. Most importantly, by working proactively with regulatory bodies throughout the world, we can ensure that we are continuing to place regulatory compliance at the heart of our products.

We are thrilled to announce that Gemini has registered as a Virtual Currency Operator with Italy’s payments services regulator, the Organismo Agenti E Mediatori (OAM), and as a custodial wallet provider and provider of exchange services between virtual and fiat currencies with Greece’s Hellenic Capital Markets Commission (HCMC).

These registrations, combined with our electronic money institution authorisation from the Central Bank of Ireland, allow Gemini to offer our secure crypto services to customers in Italy and Greece.

Gemini’s registrations with the OAM and HCMC demonstrate our compliance with applicable Italian and Greek Anti-Money Laundering and Counter Terrorist Financing regulations.

As we expand across Europe, we continue to work in tandem with national and international regulators and policymakers to ensure that we are meeting the necessary regulatory requirements in all new markets.

Strong regulatory compliance has always been a core tenet of Gemini’s ethos; we believe that the long-term success and integrity of crypto markets and companies in the space depends on it. Most importantly, by working proactively with regulatory bodies throughout the world, we can ensure that we are continuing to place regulatory compliance at the heart of our products.

We’re excited about the momentum in our European roll out, which is in line with our goal to bring accessible, secure cryptocurrency services to consumers, corporations, and institutions around the world.

Gemini is now operational in more than 65 countries, having recently announced our launches in Croatia, Cyprus, Czechia, Denmark, Hungary, Ireland, Latvia, Liechtenstein, Portugal, Romania, Slovenia, and Sweden, with more countries on the roadmap.

Onward and Upward!

Gillian Lynch
Head of Ireland and Europe

The source of this news is from Gemini

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