Winklevoss-Led Cryptocurrency Exchange Gemini Eyes UK Expansion

Gemini, the U.S. cryptocurrency exchange founded by bitcoin billionaires Cameron and Tyler Winklevoss, is rumored to be eyeing an expansion into the United Kingdom.

Gemini Plots Transatlantic Expansion

Citing two sources close to the process, the Financial Times reports that the New York-based exchange operator has hired advisors regarding a move into Britain and may soon submit an application to the U.K. Financial Conduct Authority (FCA) for regulatory authorization to open an exchange in the country under the agency’s e-money licensing program.

Gemini has not confirmed the report, telling FT that it has “no immediate plans” but is evaluating opportunities to increase its global presence.

“Gemini continues to explore potential jurisdictions around the globe to provide a best-in-class digital asset exchange and custodian which will enable growth and infrastructure to the entire digital asset community,” FT cited the exchange operator as saying. “Although we have…