Gemini is launching in France after registering with DASP (digital asset service provider) at the start of 2024. This follows an increase of 2% in crypto users in France.
The crypto users of France will now be able to perform operations of deposit, store, or trading of digital assets over the web or mobile.
In January, Gemini received the DASP registration from Autorité des Marchés Financiers (AMF), market regulators in France.
Gemini’s CEO in the United Kingdom and Europe Gillian Lynch said that the exchange company has put enough time into translating and optimizing the platform to localize it for the French customers for a “full suite of services”.
Users can use Euros and British pounds to make deposits
French citizens can make deposits through local ways of debit cards, bank transfers, and even Apple Pay in either euros or British pounds.
As for the experienced traders, they can use Gemini’s investment platform supporting over 80 trading pairs including different API (application programming interface) integration.
Moreover, institutional investors in France will be able to trade using the exchange’s OTC desk to buy and sell crypto assets like Bitcoin. For larger amounts with deep liquidity, they can Gemini’s eOTC system for trading will also be beneficial for them.
Lynch added that they are “currently exploring options to expand our services, as well as payment rails to improve accessibility and choice for our French customers”.
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Source: https://www.cryptopolitan.com/gemini-a-us-based-crypto-exchange-launches-in-france/