U.S. markets close in 4 hours 44 minutes
  • S&P 500

    3,818.23
    -1.49 (-0.04%)
     
  • Dow 30

    31,289.59
    +19.50 (+0.06%)
     
  • Nasdaq

    12,944.83
    -52.92 (-0.41%)
     
  • Russell 2000

    2,191.46
    -16.33 (-0.74%)
     
  • Crude Oil

    64.36
    +3.08 (+5.03%)
     
  • Gold

    1,719.10
    +3.30 (+0.19%)
     
  • Silver

    26.33
    -0.05 (-0.20%)
     
  • EUR/USD

    1.2048
    -0.0019 (-0.16%)
     
  • 10-Yr Bond

    1.4690
    -0.0010 (-0.07%)
     
  • GBP/USD

    1.3985
    +0.0033 (+0.23%)
     
  • USD/JPY

    107.6020
    +0.6000 (+0.56%)
     
  • BTC-USD

    49,561.52
    -1,194.18 (-2.35%)
     
  • CMC Crypto 200

    994.54
    +7.33 (+0.74%)
     
  • FTSE 100

    6,651.73
    -23.74 (-0.36%)
     
  • Nikkei 225

    28,930.11
    -628.99 (-2.13%)
     

Gemini Expands Crypto Offering in Singapore

·3 min read
  • Gemini now supports Singapore Dollar (SGD)

  • 20 tokens are now available for customers in Singapore

  • Gemini streamlines application process for Singapore residents with SingPass

  • Hiring spree for various roles to support the Asia Pacific mission

SINGAPORE, Jan. 26, 2021 /PRNewswire/ -- Gemini, a cryptocurrency exchange and custodian, today announced several product launches and features available to provide a more localized experience for its customers in Singapore.

Gemini is now live with new features, additional local support, and faster ways for crypto investors to fund their account. Gemini now supports Singapore dollar (SGD) on both the mobile app and desktop. Customers can use a debit card to buy crypto with SGD, or use FAST transfers to deposit SGD into their Gemini account. Gemini has also made leading DeFi tokens such as Yearn.Finance (YFI), Uniswap (UNI) and Filecoin (FIL) available for trading for the market.

Additionally, Singapore residents can now use MyInfo via SingPass to auto-fill Gemini's account registration forms.

Tyler Winklevoss, Gemini CEO, said, "Singapore is a financial epicenter in the heart of Asia and is a fast-growing market for cryptocurrency. Singapore is one of our biggest markets and supporting SGD is another exciting milestone on our mission to empower the individual through crypto."

Gemini continues to expand internationally, launching last year in the UK and adding support for Pound Sterling (GBP), Hong Kong dollar (HKD), Canadian dollar (CAD), and Australian dollar (AUD), and has experienced tremendous growth. In addition to adding support for more products in Singapore, Gemini has built out its local office, hiring Jeremy Ng as Head of Asia, Andy Meehan as Chief Compliance Officer and Eugene Ng as Head of Business Development for the region.

"We are localizing Gemini's products to provide the right offerings and solutions for both our retail customers and institutional clients and this is just the start. We will continue to build out our presence and are aggressively hiring top calibre talent to join our mission to empower the individual through crypto," said Ng.

Gemini Asia Pacific is headquartered in Singapore and has several open roles. Visit https://www.gemini.com/careers for more information.

About Gemini in Singapore

Gemini Digital Payments Pte Ltd, an affiliate of Gemini Trust Company LLC, is a Digital Payment Token exchange and custody business in Singapore, allowing customers to trade and store Digital Payment Tokens and to exchange such tokens with fiat currencies, including Singapore Dollars. Gemini Digital Payments operates under the supervision of the Monetary Authority of Singapore and has applied for a Major Payment Institution License pursuant to the regulations set forth in the Payment Services Act 2019.

About Gemini

Gemini is a crypto exchange and custodian that allows customers to buy, sell, and store bitcoin, ether, and other cryptocurrencies. Gemini is a New York trust company that is subject to the capital reserve requirements, cybersecurity requirements, and banking compliance standards set forth by the New York State Department of Financial Services and the New York Banking Law. Gemini was founded in 2014 by twin brothers Cameron and Tyler Winklevoss to empower the individual through crypto.

SOURCE Gemini