Kraken Appoints Former Gemini UK President as UK Managing Director

US-based cryptocurrency exchange Kraken has appointed the former head of another US-based cryptocurrency exchange Gemini as managing director to run its UK operations.

Kraken, former UK head of Gemini Blair Hallidayas the stock exchange’s new UK Managing Director. Halliday, the British government a global crypto hub He will oversee Kraken’s commercial, regulatory and political affairs in the UK, hoping to capitalize on its desire to

Halliday before becoming general manager European integration chief He spent nearly three years at Gemini.

Kraken CEO Jesse Powell‘s resignation and replaced by former COO David RipleyThis development, just weeks after the passing of , shows that Kraken has innovated in its strategic moves for the future.

Kraken’s trading volume, which has a large market share in the UK, has increased recently. Sterling revived due to the economic turmoil.

source site-9