Gemini is bullish on the UK crypto market, with nearly a quarter of retail investors owning cryptocurrencies
2025-10-21 22:12:01
Gemini UK head Slutzkin said UK retail investors' crypto holdings have risen to 24 per cent from 18 per cent last year, making it an important market for the company. Gemini has been registered in the UK since 2020 and has received regulatory approval to set up an office and expand its team in London. Despite the active participation of young investors, many are still waiting for a regulatory "seal of approval" before entering the market. The UK plans to implement comprehensive crypto regulation in 2026, including stablecoins, trading platforms, lending, pledging and custody, but the new regulations focus more on business practices than product restrictions. Gemini's core business is still dominated by trading, custody and pledging. The company is optimistic about the market outlook as a whole, and is ready to deal with new tax and compliance regulations.
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