Gemini Granted Regulatory Approvals to Operate in Italy and Greece

The crypto exchange and custodian Gemini has registered as a Virtual Currency Operator with Italy's payments services regulator, the Organismo Agenti E Mediatori (OAM), and as a custodial wallet provider and provider of exchange services between virtual and fiat currencies with Greece's Hellenic Capital Markets Commission (HCMC).

These registrations, combined with electronic money institution authorisation from the Central Bank of Ireland, allow Gemini to offer secure crypto services to customers in Italy and Greece.

"Gemini's registrations with the OAM and HCMC demonstrate our compliance with applicable Italian and Greek Anti-Money Laundering and Counter Terrorist Financing regulations," the company said. "As we expand across Europe, we continue to work in tandem with national and international regulators and policymakers to ensure that we are meeting the necessary regulatory requirements in all new markets."

"We're excited about the momentum in our European roll out, which is in line with our goal to bring accessible, secure cryptocurrency services to consumers, corporations, and institutions around the world."

Gemini is now operational in more than 65 countries, having recently announced the launches in Croatia, Cyprus, Czechia, Denmark, Hungary, Ireland, Latvia, Liechtenstein, Portugal, Romania, Slovenia, and Sweden, with more countries on the roadmap.