Crypto exchange Gemini has appointed a new management team in Europe and plans to significantly expand its presence in the region in 2025, the company announced in a press release on Thursday.
Mark Jennings has joined the company as the new head of Europe and Daniel Slutzkin has been named head of the UK, Gemini said.
Jennings was previously employed by rival exchange Kraken as COO for European operations. Slutzkin joins UK broker Stake.
Vijay Selvam has taken on the role of international general counsel and will be based in the UK, the exchange said. Selvam has left Gemini’s Asia Pacific (APAC) team and will be responsible for leading the company’s licensing and regulatory strategy in Europe and the UK.
The European Union has set a December 30 deadline for its member states to implement MiCA, a set of new rules that govern companies providing crypto services in the region.
“Joining the team during this transformative time is a unique opportunity and shows that Gemini takes our commitment to Europe seriously,” Jennings said in the press release.
“The EU and UK regulatory frameworks, including MiCA and the FCA’s upcoming crypto roadmap, signal a new era of sustainable growth for digital assets,” he added.
Learn more: EU countries struggle to implement MiCA as deadline for crypto regulation overhaul looms
