Sirlibz
Gemini, a US based Crytocurrency exchange and custodian has announced partnership with BCB Group, a global digital assets financial service group. The partnership will allow the US based exchange to provide it’s UK users with faster means of sending and receiving GBP.
Gemini will be connected to the BCB’s API which will allow it to facilitate “minimal Manuel interactions with multiple banks and currencies “.Our integration with BCB Group’s API specifically enables us to streamline the steps involved in processing these wire transfers into and out of customer accounts.The BCB Group has a focus on institutional payment services and provides business accounts and Cryto-currency market liquidity for other top “crypto engaged “financial institutions. They also have partnerships and are in collaboration with Bitstamp, Coinbase and Galaxy digital. Gemini’s recent announcement has also shown interest in the UK as they aim at providing their customers both individuals and institutions with a simple, reliable and secure crypto currency exchange and custody services in GBP. The UK launch comes after receiving the Electronic money institution license from the Financial conduct Authority (FCA), the exchange has also gained the satisfaction of being part of the fifth money Laundering Directive (5MLD)crypto assets registration process.“Gemini is focused on creating the smoothest experience possible for our UK customers to make deposits into and withdrawals out of their accounts instantly in GBP via Faster Payments, CHAPS, and SWIFT transfers. We are excited to be working with BCB Group to ensure that Gemini has secure access to real-time settlement infrastructure, enabling us to integrate with our banking partners. As an authorized payment institution with deep expertise in the digital asset market, BCB is an excellent partner for us.” Blair Halliday, Gemini’s Chief Compliance Officer for Europe, said.
