Top US-based crypto exchange, Gemini, is widening its market in the Asia-Pacific region with a new high-profile deal. The announcement was made on the 7th of October by Gemini's executives, stating that Andy will work alongside regulators to make and improve smart regulations that aid adoption.

Credit:Cryptoknowmics
Major Updates
- The exchange hired Andy Meehan, a former employee at Morgan Stanley, a renowned investment bank in the US.
- Andy was hired as the Chief Compliance Officer of the Asia Pacific Region.
- He will be based in Singapore and will report directly to the MD of the region.
Representatives from the exchange explained that the APAC region continues to be a preference for the firm. The emphasis and preference of the region are due to the significant regulatory development in Singapore.
Gemini's president recently expressed his support in local cryptocurrency regulation claiming that the regulation developed by the MAS is creating an opportunity for continuous adoption and innovation.
How will Gemini's decsion to bring Andy Meehan on board impact its growth? Head ove to the comments to share your thoughts.
Source: Cointelegraph.