Gemini Expands into Croatia, Cyprus, Hungary, Romania and Slovenia

Fazzaco learned that cryptocurrency exchange Gemini has expanded into Croatia, Cyprus, Hungary, Romania and Slovenia. Users in these countries can buy, sell, and store over 100 cryptocurrencies through Gemini's website and mobile app.

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Gemini is so far available in 12 countries in the European market. Just last week, Gemini went live in Denmark, Sweden, Portugal, Czechia, Latvia, and Liechtenstein​, building on its recent launch in Ireland.

"We continue to develop the strong foundations we've been laying in the region since opening in the UK in 2020,"the company said"As we grow in Europe, we remain committed to engaging proactively with regulators and policymakers."

"With the development of the Markets in Crypto-Assets (MiCA) regulatory framework poised to harmonize regulation of the crypto space in the European Union, we see huge promise here for companies offering products and services like ours with consumer protection at their core."

Gemini was the first company to register with the Central Bank of Ireland as a Virtual Asset Service Provider (VASP), and is authorized as an electronic money institution.