On January 8, Gemini exchange announced its new leadership team to facilitate expansion in the European Union and the UK.
New Leadership Appointments
Mark Jennings has been appointed as the new Head of Operations in Europe, bringing extensive experience for aiding the company's growth in this region. Jennings was previously the CEO of Kraken's subsidiary, contributing to the platform's recognition. Daniel Slutzkin has been named the new Head of UK operations, known for his regulatory expertise. Vijay Selvam will serve as the new General Counsel, International, being based in London.
Mark Jennings' Statement
Jennings emphasized the opportune timing for market entry and changes in the digital asset regulatory landscape in the EU and UK. He noted that the new regulatory frameworks are paving the way for sustainable growth of digital assets in the region.
Gemini's Launch in France
In November last year, Gemini opened a branch in France after receiving a DASP license, citing the growing interest in digital assets in the country and a decrease in regulatory concerns. Gillian Lynch, CEO of Gemini UK & Europe, stressed the adherence to transparency and reliability standards.
Gemini's expansion into Europe underscores its commitment to international growth and adaptation to new regulatory conditions. The new leadership aims to strengthen its position in the promising European market.
