{"id":27495,"date":"2020-08-20T11:43:40","date_gmt":"2020-08-20T08:43:40","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=27495"},"modified":"2025-08-26T21:08:39","modified_gmt":"2025-08-26T18:08:39","slug":"uk-regulator-registers-geminis-two-crypto-exchange-branches","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/uk-regulator-registers-geminis-two-crypto-exchange-branches\/","title":{"rendered":"UK regulator registers Gemini&#8217;s two crypto-exchange branches"},"content":{"rendered":"<p>UK Financial Conduct Authority (FCA) <a href=\\\"https:\/\/register.fca.org.uk\/s\/search?predefined=CA\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\">registered<\/a> two branches of the Gemini cryptocurrency exchange run by the Winklevoss twins. The company complied with the regulator&#8217;s requirements under the Fifth EU anti-money-laundering directive (AMLD5).<!--more--><\/p>\n<p>\\n<\/p>\n<p>In the list of registered cryptocurrency firms, alongside Gemini Europe Services Limited and Gemini Europe Limited, the only one based in London is the exchange Archax. The latter has been granted a Multilateral Trading Facility (MTF) licence for the security-token market, custody of digital and fiat assets, and brokerage services.<\/p>\n<p>\\n<\/p>\n<p>In an interview with <a href=\\\"https:\/\/www.theblockcrypto.com\/linked\/75298\/uk-regulator-grants-license-to-upcoming-digital-securities-exchange-archax\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\">The Block<\/a>, Archax representatives noted the &#8216;tough&#8217; nature of the registration process. According to <a href=\\\"https:\/\/www.bloomberg.com\/news\/articles\/2020-08-19\/winklevoss-twins-hire-eventus-to-detect-crypto-cheats-on-gemini\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\">Bloomberg<\/a>, to meet regulatory requirements Gemini partnered with Eventus Systems, a provider of market-manipulation prevention solutions, which also works with Coinbase and ErisX.<\/p>\n<p>\\n<\/p>\n<p>The Fifth EU Anti-Money Laundering Directive became effective on 10 January 2020. Among its requirements are the ability to link cryptocurrency addresses to the owner&#8217;s identity, disclosure of ultimate beneficial owners, and a ban on dealing with anonymous accounts.<\/p>\n<p>\\n<\/p>\n<p>Leading UK cryptocurrency exchanges, wallet operators and private-key holders are required to register with the FCA by 10 January 2021.<\/p>\n<p>\\n<\/p>\n<p>In Spain, similar registration requirements were imposed on cryptocurrency companies.<\/p>\n<p>\\n<\/p>\n<p>Follow ForkLog on <a href=\\\"https:\/\/vk.com\/forklogcom\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>UK Financial Conduct Authority (FCA) registered two branches of the Gemini cryptocurrency exchange run by the Winklevoss twins. The company complied with the regulator&#8217;s AMLD5 requirements.<\/p>\n","protected":false},"author":1,"featured_media":27496,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1726,719,810],"class_list":["post-27495","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-fca","tag-gemini","tag-united-kingdom"],"aioseo_notices":[],"amp_enabled":true,"views":"41","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27495","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=27495"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27495\/revisions"}],"predecessor-version":[{"id":27497,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27495\/revisions\/27497"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/27496"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=27495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=27495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=27495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}