New Leadership at Gemini
In a significant move, Gemini, the top global cryptocurrency exchange according to CryptoCompare’s Exchange Benchmark, has decided to shake things up by hiring Julian Sawyer. The former CEO and co-founder of the UK-based Starling Bank, Sawyer is now set to take the reins as managing director for Gemini Europe, focusing on the U.K. and broader European market.
Two Decades of Experience
With more than 20 years under his belt in high-growth financial services, Sawyer isn’t just another suit in a long line of suits. Prior to his role at Starling, he founded Bluerock Consulting, which he later sold back in 2012. His résumé also includes stints at the Big Four audit firm EY and Irish professional services giant Accenture. Talk about pedigree!
The Responsibilities Ahead
So what will Sawyer be up to at Gemini? The list is as lengthy as it is exciting. He will orchestrate the common strategy across Europe, manage product development and operations, and spearhead hiring in the U.K. and Europe. That’s right, he’s the captain of this crypto ship, and Cameron Winklevoss himself is keeping a watchful eye as he reports directly to him.
A Focus on Regulation
The announcement highlighted the importance of regulation in Sawyer’s new endeavors. Tyler Winklevoss remarked that Europe, being the birthplace of modern financial markets, harbors a wealth of knowledge on “thoughtful regulation.” Cameron added that Gemini’s approach—to ask permission rather than seek forgiveness— is rooted in the lessons learned from these historic markets. It appears that Gemini is poised to embrace the challenges of navigating Europe’s regulatory landscape.
Expanding Global Footprint
Gemini’s interest in bolstering its presence in the U.K. dates back to last year when they started hiring advisors for a potential expansion. Australia got its taste of Gemini’s offerings in August 2019, and the exchange already has a foothold in Hong Kong, Singapore, South Korea, and Canada. Could this be the start of an even more ambitious European expansion?
