Digital Asset Firm Gemini Launches Operations in Greece, Bulgaria

Digital asset firm Gemini says it’s pleased to announce that individuals and institutions in Greece and Bulgaria can now “open a Gemini account to deposit, trade, and custody over 100 cryptocurrencies.”

Consumers in these additional two markets “can securely access Gemini’s website or mobile app to buy cryptocurrencies with Euros (EUR) and Pound Sterling (GBP), using a debit card, bank transfer, or through Apple Pay or Google Pay.”

Offering Gemini’s secure crypto services to customers in Greece “comes on the heels of our registration with Greece’s Hellenic Capital Markets Commission (HCMC) as a custodial wallet provider and provider of exchange services between virtual and fiat currencies.”

Advanced traders in these countries “can use ActiveTrader, [Gemini’s] high-performance crypto trading interface that delivers a professional-level experience, featuring advanced charting, and multiple order types.”

Gemini’s institutional-grade, crypto-native platform is “available to financial institutions, fintechs, and corporations, with custody, clearing, trade execution, price discovery, and portfolio management services all in one place.”

Gillian Lynch, Head of Ireland and Europe, confirmed that Gemini are now “operational in more than 65 countries, having recently announced our launches in Croatia, Cyprus, Czechia, Denmark, Hungary, Ireland, Latvia, Liechtenstein, Portugal, Romania, Slovenia, and Sweden, with more countries on the roadmap.”

In another update, it was noted that some Gemini customers “have recently been the target of phishing campaigns that we believe are the result of an incident at a third-party vendor.”

This incident “led to the collection of Gemini customer email addresses and partial phone numbers.”

No Gemini account information or systems “were impacted as a result of this third-party incident, and all funds and customer accounts remain secure.”

In light of these increased phishing campaigns, Gemini is “sharing security best practices with [their] customers.”

At Gemini, the security of customer funds and accounts is their top priority.

They do “not recommend that you rely on the secrecy of an email address as a substitute for strong authentication methods.”

For more details, check here.

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