Singapore Grants Gemini Crypto Expansion Wish—Is Asia The Next Big Crypto Hub?

Quick Summary:

An American cryptocurrency exchange is set to enter the Singaporean market as it strengthens its presence in Asia. Singaporean regulatory authorities have given the go-signal to the Gemini crypto platform to offer its services to its Southeast Asian nation’s clients.

The Philippines, Taiwan, South Korea, and Vietnam are among the Asia-Pacific nations where Gemini now conducts business in.

This means that the government-run Monetary Authority of Singapore (MAS) has responded positively to the company’s license application to offer its services to those living in Singapore.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: HungaryBoliviaCanadaSouth KoreaPhilippinesSingaporeTaiwanVietnam

Topics: Crypto Digital currency Asia Bitcoin Crypto News Gemini

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-31 @ 14:30:47 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 416 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 23350154

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Official Website: bitcoinist.com

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News Last Updated: 9 hours ago

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