What to know:
- Gemini plans to expand it Europe and has appointed a new senior management team.
- Mark Jennings has joined the crypto exchange as the new head of Europe and Daniel Slutzkin as U.K. head.
According to a statement released yesterday, the cryptocurrency platform Gemini has hired a fresh executive leadership team for Europe and aims to substantially increase its presence in the region by 2025.
Mark Jennings is now leading Europe for our company, while Daniel Slutzkin assumes the role of U.K. head, according to Gemini’s announcement.
Previously, Jennings worked for a competing cryptocurrency exchange called Kraken, serving as the Chief Operating Officer for their European branches. On the other hand, Slutzkin comes from a U.K.-based brokerage firm named Stake.
Vijay Selvam is now serving as the international general counsel and will work out of the United Kingdom, according to recent reports. Previously part of Gemini’s Asia-Pacific (APAC) team, Selvam will oversee the company’s licensing and regulatory strategy in Europe and the U.K.
As a crypto investor, I’ve been keeping an eye on the regulatory landscape within the European Union. By the end of December 30th, member states are expected to enact MiCA, a fresh set of guidelines designed to oversee firms offering crypto services across the region. This move will likely bring more transparency and security to our investments in the digital asset space.
In the press release, Jennings stated that being part of the team during this period of significant change underscores Gemini’s dedication to Europe, expressing it as an exceptional chance that demonstrates their sincerity.
In simple terms, the regulatory guidelines in the European Union (EU) and the United Kingdom, such as MiCA and the Financial Conduct Authority’s future plan regarding cryptocurrencies, suggest that we are entering a period of environmentally friendly expansion for digital assets.
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2025-01-09 16:05