Gemini crypto exchange launches in United Kingdom

Gemini Trust company is expanding fully into the United Kingdom (UK), providing individuals and institutions with simple, reliable, and secure cryptocurrency exchange and custody services in pounds sterling (GBP). The company's UK launch follows the Financial Conduct Authority (FCA) granting it an Electronic Money Institution (EMI) license. Gemini is also one of the first businesses that the FCA has approved as part of its Fifth Money Laundering Directive (5MLD) cryptoasset registration process.

Gemini is now live with new features, additional local support, and faster ways for crypto investors to fund their account. The company provides tools on mobile and desktop that enable users to trade and invest in cryptocurrencies, understand the market, and safely store and manage their portfolio.

UK consumers can make GBP crypto purchases with their debit card or make GBP deposits to fund their account immediately through their banks via Faster Payments, CHAPS, and SWIFT wire transfers, with no need to transact in foreign currencies or incur exchange rate fees.