Gemini has entered the Irish market. The company now provides crypto exchange and custody services to individuals and institutions.

Gemini announced that users can access its website and mobile app to create accounts and purchase cryptocurrencies in EUR or GBP. In addition, users can also fund their accounts via debit card, Apple Pay, Google Pay or SEPA transfer and use ActiveTrader, their high-performance trading platform.

Gemini also announced that access to “custody, clearing, trade execution, price discovery and portfolio construction services all in one place” has been granted to all Irish institutions, corporations and the like.

Gemini has generally been said to be a regulation-focused North American crypto exchange, but its expansion into Europe has proven otherwise and represents a collaborative push.

The company has said the move is “the latest step in the company’s European growth strategy”, which is “built on a proactive and positive engagement approach with regulators and policy makers”.

The plan to enter Ireland was first announced to just a few users last week via email, explaining that the company had recently received authorization as an e-money institution and registration as a Virtual Asset Service Provider (VASP). by the Central Bank of Ireland.

According to a Gemini press release, the company is notably the first company to receive a VASP registration in Ireland.

While in August this year, the company launched a participation program.

“Gemini Staking” allows customers to lock their assets within their accounts and earn rewards or interest.

The program allows investors to seamlessly stake any amount of cryptocurrency with no fees and receive rewards for staking on their Gemini account.

He further added that customers could start staking MATIC on the Polygon network, with plans to support Ethereal (ETH), Solana (SOL), Polkadot (DOT), and Audius (AUDIO) will take place next month after Merge goes live.

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