2020-2-27 19:27 |
Bitcoin and crypto exchange company Gemini, today announced forthcoming support for the custody of Filecoin (FIL). Filecoin is the reward and incentive token of the InterPlanetary File System (IPFS), a decentralized cloud storage network. origin »
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Gemini launches in France after securing DASP registration in January. The launched platform supports 70+ assets, euro deposits, and institutional trading tools. France’s crypto growth and MiCA regulations drive Gemini’s European expansion.
Earlier this week, Canadian crypto custody specialist Balance announced it had become a qualified custodian in the country.
Singaporean cryptocurrency exchange Fairdesk has unveiled plans to wind down its operations in the coming month. This move comes as a surprise, as there had been no prior indications of difficulties facing the platform.
Gemini exits Canadian market, citing strict regulations and compliance costs. Users must withdraw funds by Dec. 31 as all accounts will close by that date. Canada’s new crypto rules, set for 2026, further restrict decentralized markets.
Gemini will make this payment as a settlement for a crypto fraud claim in New York. Gemini is also banned from operating lending programs in New York. Letitia James, the New York Attorney General, announced that her office has successfully…
Gemini Earn users will receive triple the value of assets locked in the lending product after debacles with FTX and Genesis.
Gemini Earn users get $2. 18 billion in digital assets back, which represents a 232% recovery. Users will receive 100% of their crypto back, with the initial distribution representing 97% of Earn users’ assets.