Gemini exchange pivots toward the Asian market as regulatory constrains render US bad for business

From fxstreet.com

Gemini cryptocurrency exchange has revealed plans to concentrate on its Asian market amid tight and unfavorable regulatory action in the United States. The announcement is a development in the recent trend of crypto entities exiting the US and comes barely two weeks after the Winklevoss brothers injected $100 million into the exchange after it failed to secure funding from external investors. Gemini committed to establish the next-generation web: Gemini has become the latest addition to the list of American exchanges moving their engineering hub and developers to India citing regulatory crackdowns. Notably, the move ... (full story)