Gemini exchange owned by Winklevoss twins has been expanding its operations in European countries. The company hired a new chief compliance and money laundering reporting officer. Blair Halliday will oversee Gemini Europe’s compliance program in the region. Internshala offers several internships in the field of blockchain and cryptocurrency.
Halliday previously worked at Circle.
Blair Halliday earlier served as the chief compliance officer for crypto finance firm Circle across Europe and the Middle East and Africa. He also worked as executive director of financial crime and compliance at U.K. fintech CashFlows. Now, Blair Halliday will report to Gemini’s managing director of the U.K. and Europe, Julian Sawyer, who previously served as an executive of Sterling bank.
Gemini wants robust regulations for crypto.
Winklevoss twins have long been supporters of “thoughtful” regulations for the crypto industry. They also ran an ad campaign last year called “crypto needs rules.” The support of high regulations from Gemini has also attracted criticism from the crypto community who see regulations as interference from government and cryptocurrencies are supposed to provide a free market without the need for government.
The Winklevoss twins wrote in a blog post that the concept of thoughtful regulation itself was first developed out of the lessons learned in the European markets.