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Gemini lays off more employees; secures Irish registration
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Citing sources, TechCrunch says that Gemini has reduced its headcount by 68 due to "extreme cost cutting". The move comes just weeks after founders Cameron and Tyler Winklevoss announced a 10% reduction in the workforce, blaming a “crypto winter” compounded by wider "macroeconomic and geopolitical turmoil".
Meanwhile, the VASP registration will allow Gemini to provide its crypto services to individuals and institutions in the Irish market. Gillian Lynch, head, Ireland and Europe, Gemini, says: “This is a huge step towards offering our cryptocurrency services in Ireland.
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