Gemini Crypto is not lowkey, and it is frequently in the news. The company has been making a number of announcements and partnerships in recent months, and it is one of the most well-known and respected cryptocurrency exchanges in the world. To its credit, it has been in the news in 2023 for all the good and positive reasons. It is also important to note that Gemini is a solid exchange in terms of regulations and security *knock on wood*. In addition to being regulated by the New York State Department of Financial Services (NYDFS), Gemini is backed by prominent venture capitalists, namely: Founders Fund and Digital Currency Group.
Here follows the most newsworthy events for Gemini in 2023:
1. Partnership with Mastercard
Gemini announced a partnership with Mastercard to allow Mastercard cardholders to buy, sell, and hold cryptocurrencies directly through their Gemini accounts. This partnership is a significant step forward in the mainstream adoption of cryptocurrencies, as it will make it easier for the masses to use their everyday cards to purchase digital assets.
2. Expansion of Gemini Custody
Expansion of Gemini Custody reach by adding support for new asset types, including fractionalized NFTs and non-fungible tokens (NFTs). This expansion is a sign of Gemini's commitment to serving their clients evermore attracted to NFTs.
3. Gemini Earn Expansion
Gemini Earn, the firm's cryptocurrency interest-earning platform, added support for new cryptocurrencies, including Cardano (ADA), Solana (SOL), and Avalanche (AVAX). Therefore providing investors with multiple options to earn passive income on their cryptocurrency holdings.
4. Gemini Pay Integration with Shopify
The firm's cryptocurrency payment solution,Gemini Pay, was integrated with Shopify, the e-commerce platform. This move is awesome for merchants and the public because it facilitates practical and real life use cases of digital assets.
5. Gemini Earn Expansion to Brazil
Gemini Earn, the firm's cryptocurrency interest-earning platform, expanded to Brazil. This expansion is a sign of Gemini's commitment to expanding its reach in Latin America, a region with a growing interest in cryptocurrencies.
ℹ️Do you have a Gemini account? If not, you can open one here for free and start taking advantage of all its offerings.
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