Gemini Hires New Leadership Team to Boost European Expansion

Gemini has appointed a new leadership team to enhance its expansion in Europe, focusing on navigating strict regulations under the Markets in Crypto-Assets Regulation (MiCA) effective December 2024.

  • Mark Jennings joins as head of European operations, previously COO for Europe at Kraken.
  • Daniel Slutzkin becomes head of UK operations, formerly country manager at Stake.
  • Vijay Selvam is appointed international general counsel, transitioning from Gemini's APAC team to Europe and the UK.

Slutzkin noted opportunities for growth in the UK due to upcoming regulatory frameworks. Jennings emphasized Gemini’s commitment to trust and innovation in finance.

  • The EU mandates compliance with MiCA by December 30 for crypto service providers.
  • The UK's Financial Conduct Authority plans to implement new crypto regulations by 2026.
  • Gemini ranks 24th among centralized exchanges with a 24-hour spot volume of $180 million and 14th in derivatives volume at $19.87 million.