Gemini’s local entity in Singapore has been granted a payment license, enabling it to offer digital payment token and cross-border money transfer services. According to CoinTelegraph, this license allows Gemini to operate without the usual transaction-volume limits imposed on such services.
This regulatory approval marks a significant step for Gemini’s expansion in the Asia-Pacific region, providing more flexibility in handling crypto transactions and cross-border payments. The removal of transaction caps could enhance Gemini’s competitiveness in the growing digital payments market.
For Japanese investors and traders, this move signals increasing regulatory acceptance and infrastructure development for crypto payment services across Asia, which may influence regional liquidity and cross-border capital flows.