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According to the report of Financial Times, one of the biggest U.S. crypto exchanges Gemini conducts the research of UK market for extension reasons and plans to fill an application with the UK markets watchdog for regulatory approval.

Gemini is the project of Cameron and Tyler Winklevoss, the famous investors and early Facebook supporters. Gemini has worked to be at the forefront of the cryptocurrency exchange world, working alongside Nasdaq to revolutionize the way that transactions are monitored and recorded.

Financial Times also noted that despite cryptocurrencies price drops and negative from UK government representatives, companies like Gemini, Bithumb, and Coinbase continue willing to enter UK cryptocurrency market.

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