Gemini Exchange Expands Global Reach, Launches Staking Services in Switzerland

In response to increased pressure from the U.S. Securities and Exchange Commission (SEC), US-based crypto exchange Gemini has accelerated its expansion plans outside of the US, launching its first overseas service in Switzerland. Among its new offerings, Gemini has introduced staking services for Ethereum (ETH) and Polygon (MATIC) to Swiss users. The major crypto exchange announced this development via its official Twitter account, with a statement emphasizing the global nature of cryptocurrencies and staking. Gemini’s Swiss Staking Service “Cryptocurrency is global! So is Gemini Staking. Expanding to this region is a significant and symbolic milestone as we continue to broaden our product suite worldwide,” the announcement read. Further, Gemini recognized Switzerland’s positive regulatory environment and its importance in Ethereum’s history. “Switzerland, the birthplace of Ethereum, thanks to its forward-thinking and friendly approach to regulation. In 2014, the Ethereum Foundation was established in the Canton of Zug, and the Foundation launched […] The post Gemini Exchange Expands Global Reach, Launches Staking Services in Switzerland appeared first on COINTURK NEWS.