US crypto exchange Gemini, founded by the Winklevoss brothers, will launch a derivatives platform that will focus exclusively on customers outside the US.
An official made by Gemini in the announcementCryptocurrency derivatives platform will be launched for non-US customers. Gemini Foundation The first product of this platform, called Gemini Dollar (GUSD) perpetual futures Bitcoin (BTC) will have a contract. Stock market again in the future GUSD at par Ethereum (ETH) will issue the contract.
In the details of the statement made by the company, this new platform Türkiye including Singapore, hong Kong, Argentina, Bahamas, Brazil, Hand Salvador, Israel, Nigeria, South Africa, South Korea, Switzerland, Thailand It was included that it could be used in countries such as
Platform for its users both spot and futures trading will present. In addition, users dollar And USD Coin (USDC) their assets 1:1 They will be able to convert it to GUSD at a rate. Default leverage in the futures section of the platform 20x If the maximum leverage 100x was determined as.
The pressure and uncertainty created by the US regulatory authorities have recently pushed crypto exchanges to operate outside the US. giving a similar signal recently coinbase, stated that if the regulatory uncertainty is not resolved, the exchange may consider moving out of the United States. On the other hand, Coinbase is in the strategy of expanding its scope of activity abroad. From the Bermuda Monetary Authority (BMA) announced that it was licensed.