Gemini exchange announced expansion plans in the Asia-Pacific market – Bits Media

The Gemini cryptocurrency exchange administration said, that the regular number of Singapore hub will be increased by more than 100 employees.

The founders of the Gemini cryptocurrency platform Gemini-millionaires Cameron and Tyler Vinclvoss (Cameron & Tyler Winklevoss), told, what set themselves the task of making Singapore the second largest center of the company after the United States.

In this regard, the administration will pay special attention to the Support of qualified engineers-programmers and technical products managers.

“The office in Singapore will serve as a starting point for all significant operations in the Asia-Pacific region. We count, that the Aras region will be an excellent driving force for the next wave of growth of the cryptocurrency market and the Gemini Exchange ", - says in an official message on the company's website.

Successful development of a representative office in Singapore will allow the Gemini exchange to access the audience outside, partially compensate for losses from compression of the American cryptocurrency market, as well as in the most comfortable form to get out of the possible sanctions of the US Securities and Exchange Commission (SEC).

In early June it became known, that the cryptocurrency exchange Gemini is preparing
To obtain a license to work in the United Arab Emirates, Since this country has established itself as a rapidly developing center of the cryptocurrency industry.