Gemini to Add Four More Trading Pairs in Euros and Pounds Bolstering EU Expansion Plans
- Gemini exchange has now extended support for four more trading pairs to the five they initially offered.
- They are awaiting pending approval from European authority to operate in the region. They were among the first crypto exchanges to get BitLicense approval from NY authorities.
The Winklevoss twins announced that they have now extended support for four more trading pairs on their Gemini exchange. This was during an interview with the Consensus.
The Winklevoss backed crypto exchange has now unveiled that they have included Orchid Protocol (OXT), DAI, BAT, and Chainlink.
Prior to which they had only offered the markets most popular crypto assets: Bitcoin (BTC), Bitcoin Cash (BCV), Litecoin, Ethereum and Zcash while ignoring EOS and the XRP by Ripple.
The president of Cameroon highlighted that they were well on course with expansion plans into Europe. This as they revealed that they would avail trades in also pounds and Euros alongside the dollar to consolidate their Europe expansion plans. He cited that the projects they now support on Gemini are solving real issues in DeFi such as privacy concerns.
They are now awaiting License approval from European financial watchdogs SEA to allow them to commence operations in the region. This should be a walk in the park as they were among the first exchanges to get the BitLicense approval NYSFDS. The BitLicense grants firms access to operate in the New York Crypto space. Notably, some crypto firms have had trouble being embraced by the NYSFDS.
Zcash Commercial Privacy Aspect
They first onboarded Zcash on their platform in 2018 as the only exchange to do so. According to CEO and co-founder Tyler Winklevoss, Zcash offered a unique alternative for clients who thought the Bitcoin Network was too public.
He cited that Zcash has addressed commercial privacy concerns as they look catapult their exchange to global status. He remained confident that the crypto sphere was set to improve remarking the next four years were the best yet.
“There's just not much in the way of commercial privacy. Zcash, led by Zooko Wilcox, can do that.”