06-21-2023, 12:05 PM
Gemini Expands APAC Operations with New Hires and Engineering Hub
<p>Gemini, a cryptocurrency exchange, has announced plans to
expand its operations in the Asia-Pacific (APAC) region. The plans include increasing staff members in Singapore, which will serve as the regional hub, and
launching an engineering base in India.</p><p>"We are excited to announce
our expansion plans in APAC as Gemini's leadership team recently visited the
region on their global odyssey to propel the promise of crypto," Gemini
wrote in a blog post published yesterday (Monday). "Over the next 12 months, we plan to
increase our headcount to 100+ in Singapore."</p><p>Multiple Crypto-to-Fiat
Options</p><p>Customers in the region would be able to use the
Singapore dollar (SGD), Hong Kong dollar (HKD) and Australian dollar (AUD) to
trade cryptocurrencies on the exchange's platforms, Gemini said. The exchange started supporting the SGD in 2020. </p><p>In a separate announcement, Gemini said it was building its second-largest engineering hub outside of the US in Gurgaon, India. The hub would help in the development of web and mobile user experiences, focusing on, among other areas, the core fundamentals of payments and security. The company added that the hub would focus on building new features for the exchange's NFT marketplaces.</p><p>In light of the same, <a href="https://www.financemagnates.com/cryptocurrency/cryptocom-gains-singapore-license-gemini-eyes-the-uae/" target="_blank" rel="follow">Gemini</a> announced that it was actively hiring software
engineers and technical product managers in India. Moreover, the exchange is searching for additional staff to
fill other roles, including those in human resources, finance, compliance, and
support.</p><p>Gemini's Offshore Options</p><p>Gemini's step to
strengthen its presence in the APAC region is part of a wider plan to establish
itself outside the US, where there are heightened regulatory actions. The digital asset exchange, which termed APAC as a 'great
driver of the next wave of growth for crypto', also announced plans to open
an offshore crypto derivatives platform in April.</p><p>Similar plans were
announced by the rival exchange, Coinbase, which later opened a derivatives
exchange in Bermuda. This has become a growing trend in the US following the recent crackdown on cryptocurrency exchanges by the Securities and
Exchange Commission (SEC). At the
beginning of the year, the securities regulator <a href="https://www.financemagnates.com/cryptocurrency/sec-takes-gemini-genesis-to-court-for-selling-unregistered-securities/" target="_blank" rel="follow">charged
Gemini</a> for allegedly
selling unregistered securities.</p><p>In the case, which mentioned the now-bankrupt cryptocurrency lender, Genesis, the SEC requested a court order to halt Gemini from operating its Gemini Earn product. Besides
that, Gemini's Co-Founders, Tyler Winklevoss and Cameron Winklevoss, were
charged in a <a href="https://www.financemagnates.com/cryptocurrency/news/gemini-winklevoss-twins-face-class-action-lawsuit-over-lending-products/" target="_blank" rel="follow">class
action lawsuit</a> for
allegedly violating federal laws.</p><p>AvaTrade's new Sales and Retention Head; Torstone's CFO; <a href="https://www.financemagnates.com/forex/news-nuggets-20-june-avatrades-new-sales-and-retention-head-torstones-cfo/" target="_self" rel="follow" class="">read today’s news nuggets</a>.</p>
This article was written by Jared Kirui at www.financemagnates.com.
https://www.financemagnates.com//cryptoc...ering-hub/
<p>Gemini, a cryptocurrency exchange, has announced plans to
expand its operations in the Asia-Pacific (APAC) region. The plans include increasing staff members in Singapore, which will serve as the regional hub, and
launching an engineering base in India.</p><p>"We are excited to announce
our expansion plans in APAC as Gemini's leadership team recently visited the
region on their global odyssey to propel the promise of crypto," Gemini
wrote in a blog post published yesterday (Monday). "Over the next 12 months, we plan to
increase our headcount to 100+ in Singapore."</p><p>Multiple Crypto-to-Fiat
Options</p><p>Customers in the region would be able to use the
Singapore dollar (SGD), Hong Kong dollar (HKD) and Australian dollar (AUD) to
trade cryptocurrencies on the exchange's platforms, Gemini said. The exchange started supporting the SGD in 2020. </p><p>In a separate announcement, Gemini said it was building its second-largest engineering hub outside of the US in Gurgaon, India. The hub would help in the development of web and mobile user experiences, focusing on, among other areas, the core fundamentals of payments and security. The company added that the hub would focus on building new features for the exchange's NFT marketplaces.</p><p>In light of the same, <a href="https://www.financemagnates.com/cryptocurrency/cryptocom-gains-singapore-license-gemini-eyes-the-uae/" target="_blank" rel="follow">Gemini</a> announced that it was actively hiring software
engineers and technical product managers in India. Moreover, the exchange is searching for additional staff to
fill other roles, including those in human resources, finance, compliance, and
support.</p><p>Gemini's Offshore Options</p><p>Gemini's step to
strengthen its presence in the APAC region is part of a wider plan to establish
itself outside the US, where there are heightened regulatory actions. The digital asset exchange, which termed APAC as a 'great
driver of the next wave of growth for crypto', also announced plans to open
an offshore crypto derivatives platform in April.</p><p>Similar plans were
announced by the rival exchange, Coinbase, which later opened a derivatives
exchange in Bermuda. This has become a growing trend in the US following the recent crackdown on cryptocurrency exchanges by the Securities and
Exchange Commission (SEC). At the
beginning of the year, the securities regulator <a href="https://www.financemagnates.com/cryptocurrency/sec-takes-gemini-genesis-to-court-for-selling-unregistered-securities/" target="_blank" rel="follow">charged
Gemini</a> for allegedly
selling unregistered securities.</p><p>In the case, which mentioned the now-bankrupt cryptocurrency lender, Genesis, the SEC requested a court order to halt Gemini from operating its Gemini Earn product. Besides
that, Gemini's Co-Founders, Tyler Winklevoss and Cameron Winklevoss, were
charged in a <a href="https://www.financemagnates.com/cryptocurrency/news/gemini-winklevoss-twins-face-class-action-lawsuit-over-lending-products/" target="_blank" rel="follow">class
action lawsuit</a> for
allegedly violating federal laws.</p><p>AvaTrade's new Sales and Retention Head; Torstone's CFO; <a href="https://www.financemagnates.com/forex/news-nuggets-20-june-avatrades-new-sales-and-retention-head-torstones-cfo/" target="_self" rel="follow" class="">read today’s news nuggets</a>.</p>
This article was written by Jared Kirui at www.financemagnates.com.
https://www.financemagnates.com//cryptoc...ering-hub/