March 14, 2025
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Gemini introduced dollar translations for institutions in Europe

The Gemini cryptocurrency has announced the launch of USD payments for institutional users from the United Kingdom and Switzerland. Cointelegraph writes about it with reference to the company’s statement. “In the next few weeks, we plan to expand the support of dollar payments for our institutional clients with the EU,” said Gemini European Unit Mark Jennings. The service will also be available to users of the Exchange in Gibraltar, Jersey, Guerne, on the island of Men and in some countries of the European Economic Zone. […]”, – WRITE: Businessua.com.ua

Gemini introduced dollar translations for institutions in Europe - Infbusiness

The Gemini cryptocurrency has announced the launch of USD payments for institutional users from the United Kingdom and Switzerland. Cointelegraph writes about it with reference to the statement companies.

“In the next few weeks, we plan to expand the support of dollar payments for our institutional clients with the EU,” said Gemini European Unit Mark Jennings.

The service will also be available to users of the Exchange in Gibraltar, Jersey, Guerne, on the island of Men and in some countries of the European Economic Zone.

Gemini collaborates with Liechtenstein Bank to integrate USD payments. Exchange customers will be able to make and remove dollars without a commission, using instant transfers through XPulse service.

The function will allow investors to trade cryptocurrency in dollars, avoiding conversion into euros or pounds. Jennings noted that the use of dollar payments will simplify the work of institutional clients on cryptocurrency.

New GEMINI features will be available directly on the platform through their own organizations that have received Electronic Money Institution (EMI) licenses. This will allow the exchanges to do without extraneous payments.

We will remind, on February 7, Bloomberg reported that Gemini considers the possibility of IPO in 2025.

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