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⚡Gemini Seeks New APAC Head For Singapore Regional HQ
The news was revealed by anonymous sources familiar with the matter.
| | Since the launch of Bitcoin in 2009, Asia has become a key hub for cryptocurrencies. Initially, China and Japan have played a crucial role in the industry's development.
However, after the national-scale crackdown on mining and most activities related to crypto, China's role has become less significant in this field.
At the same time, Singapore has rolled out pro-crypto regulations, which can help the country become a top destination for digital asset businesses in the Asia Pacific region.
As a result, while Binance recently announced that it would leave the Singaporean market from February 2022 due to a license application withdrawal, two popular exchanges, Huobi and Gemini, have chosen the city-state as the location of their regional headquarters.
Now, Gemini is reportedly seeking to replace its former head of APAC in its Singaporean regional HQ, who has recently left the US-based crypto exchange due to unknown reasons. Interestingly, the exchange is looking to hire a new APAC chief in Singapore while waiting for the Monetary Authority of Singapore (MAS) to decide on its digital payment token (DPT) license application, a mandatory requirement for exchanges operating in the city-state. Check out this article on Blockdesk to learn the story's details. |
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In addition to Gemini's search for a new APAC head, we have more exciting cryptocurrency stories that we have collected for you right from Blockdesk. Take a look below: |
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Is Ripple Looking To Become An Exchange For A New Liquidity Service? – While Ripple started out exclusively as a blockchain-powered cross-border payments network, it seems that the project seeks to conquer new markets. Now, Ripple is reportedly launching Liquidity Exchange in 2022, a new product that will aggregate individual assets and various liquidity avenues. How To Create An ERC-20 Token — Is It Expensive? – While multiple emerging platforms have recently entered into a competition to challenge its role, Ethereum has remained a leading blockchain for dApps, smart contracts, and tokens. But do you know how to create an ERC-20 token on Ethereum? The Pros And Cons Of The Metaverse – The metaverse has become a hot topic since Facebook rebranded to Meta and announced its upcoming virtual world. Join us as we explore the advantages and disadvantages of existing and future metaverse projects in this article! |
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| Cheers, The Blockster Team |
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