Gemini, the crypto exchange owned by the Winklevoss twins, has just announced it plans to expand in the Asia-Pacific region.
The company has reportedly hired former Goldman Sachs executive Jeremy Ng to serve as the region's managing director.
According to Jenery's LinkedIn profile, he has worked as head of Goldman's securities division for the Hong Kong and Singapore regions. Ng has also previously worked for Morgan Stanley, Deutsche Bank as well as the structured financial products company Leonteq.
He is expected to oversee the exchange's overall strategy in Asia. His tasks include product development and building a team in Singapore.
In addition, the trading platform has also said it is interested in getting a license from the country's financial regulator, the Monetary Authority of Singapore (MAS). This is because after the approval of new regulations earlier this year, all crypto-related companies offering their services in the country are required to be registered and licensed.
The company has been operating in Singapore since 2016, and once it receives the official license, it will be able to continue its expansion in the region.
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