Gemini announced that it is expanding the geography of its services and begins to provide individuals and organizations in the UK with simple, reliable and secure cryptocurrency exchange and storage services.
The launch of the company in the UK followed after the FCA granted the exchange an EMI license. Gemini is also one of the first companies to be approved by the FCA under the Fifth Anti-Money Laundering Directive (AMLD5).
Gemini offers new features, additional local support, and faster ways for crypto investors to fund their account. UK customers can purchase in GBP with a debit card or make GBP deposits to fund their account immediately through their banks using Faster Payments, CHAPS and SWIFT bank transfers without the need to transact in foreign currencies or incur exchange rate fees.