coin-img-XAUTXAUT+0.78%coin-img-HYPEHYPE-5.73%coin-img-PAXGPAXG+0.79%coin-img-WLFIWLFI+0.94%coin-img-ASTERASTER+9.44%coin-img-ONDOONDO+0.90%coin-img-ZAMAZAMA-4.39%coin-img-ETHETH-1.08%coin-img-XAUTXAUT+0.78%coin-img-HYPEHYPE-5.73%coin-img-PAXGPAXG+0.79%coin-img-WLFIWLFI+0.94%coin-img-ASTERASTER+9.44%coin-img-ONDOONDO+0.90%coin-img-ZAMAZAMA-4.39%coin-img-ETHETH-1.08%coin-img-XAUTXAUT+0.78%coin-img-HYPEHYPE-5.73%coin-img-PAXGPAXG+0.79%coin-img-WLFIWLFI+0.94%coin-img-ASTERASTER+9.44%coin-img-ONDOONDO+0.90%coin-img-ZAMAZAMA-4.39%coin-img-ETHETH-1.08%coin-img-XAUTXAUT+0.78%coin-img-HYPEHYPE-5.73%coin-img-PAXGPAXG+0.79%coin-img-WLFIWLFI+0.94%coin-img-ASTERASTER+9.44%coin-img-ONDOONDO+0.90%coin-img-ZAMAZAMA-4.39%coin-img-ETHETH-1.08%
user-avatar
Cointelegraph by Christina Comben

Gemini's retreat from UK, EU and Australia exposes strains in Britain's crypto hub plan

Gemini has decided to withdraw from the United Kingdom, European Union and Australia to focus on the United States and Singapore, raising concerns over the UK's unfinished crypto regulatory framework. Industry representatives say long timelines, overlapping regimes and high compliance costs are pushing firms away as the UK prepares new FCA authorization requirements running from Sept. 30, 2026, to Feb. 28, 2027.
Selected
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.