USD Rails Launching for UK and EU Institutions

We’re excited to share that USD payment rails are now available for institutional customers in the UK, EU and EEA through our banking partner, Bank Frick. In addition, this functionality will be available to institutional users in Gibraltar, Jersey, Guernsey and the Isle of Man.

Institutions in these regions can now engage in cryptocurrency transactions directly in USD, furthering the versatility of our platform. They will now be able to deposit and withdraw in USD, as well as access more than 80+ different USD trading pairs. For a limited time, UK, EU and EEA institutions will also be able to deposit and withdraw fiat funds using these USD rails without paying any additional fees**. Additionally, we’ll be making use of : Bank Frick’s 23/7 payment service to enable frictionless banking rails, even outside of business hours, for deposits.

Bringing this new functionality to our platform in these regions was made possible by teaming up with . Founded in 1998 in Liechtenstein, Bank Frick is a world-famous provider of services such as fund administration, blockchain banking, and fund management.

We have been working to expand our functionality and offer safe and secure*** access to crypto these regions, and this integration aligns with our commitment to provide a stable and reliable trading environment, providing further convenience to users.

Onward and Upward, Team Gemini

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*Cryptoassets remain high risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

** Institutional customers domiciled in Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Finland, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden.

*** Your bank may charge you a fee to send money into your Gemini account.

** ISO 27001 and SOC 2 Type 2 certified.