Gemini Europe — the United Kingdom and European union affiliate of the Winklevoss twins' United States-based crypto exchange Gemini — has appointed a new chief compliance and coin laundering reporting officer.

Every bit office of the firm's expansion into the transatlantic market, the new appointee, Blair Halliday, will oversee Gemini Europe's compliance plan in the region.

A press release published on Jan. 28 revealed that Halliday will be based in London and written report direct to Gemini's managing director of the U.Thousand. and Europe, the former Sterling Banking company executive Julian Sawyer.

A career tackling financial criminal offense

Halliday formerly served as chief compliance officeholder for crypto finance firm Circle beyond the Europe and the Middle East and Africa region, where he directed the firm's global anti-money laundering compliance plan.

Prior to this function, he served equally executive director of financial criminal offense and compliance at U.1000. fintech CashFlows and as CCO at New York Stock Substitution owner International Currency Substitution.

Before his motility into fintech and digital assets, Halliday worked at the Majestic Bank of Scotland for fourteen years in various roles focused on tackling fiscal crime.

Rules and "thoughtful regulation"

The Winklevoss' approach to compliance has in the past drawn some criticism from the more libertarian fringe of the community, as with their "Crypto Needs Rules" ad campaign in 2022, which fabricated a strong bid to remold crypto's image with an emphasis on robust regulation and compliance-driven market practices.

At the fourth dimension, a senior Gemini executive said the grade believed crypto investors "deserve the exact same protections" and standards equally those in traditional markets.

In the platform'south recent stage of European and U.K. expansion, Cameron Winklevoss has connected to emphasize this agenda, writing in a blog post in December 2022 that:

"The concept of thoughtful regulation itself was first adult out of the lessons learned in these [Due east.U. and U.M.] markets over centuries. Our ethos — to ask permission, non forgiveness — was a first in the crypto industry and both honors and continues to build on Europe and the UK'due south tradition of thoughtful regulation."