What Countries Does Gemini Restrict?

Gemini restricts access to its services in certain regions, including Afghanistan, Iran, North Korea, Sudan and Syria. Users should frequently review Gemini's User Agreement for the latest updates on restricted countries.

Residents of these areas are prohibited from using Gemini's services. These restrictions align with sanctions enforced by the U.S. Treasury's Office of Foreign Assets Control (OFAC) and other international bodies, ensuring that the platform operates within global compliance.

Gemini Supported Countries

‍Gemini provides its cryptocurrency services across more than 60 countries. The platform supports deposits and trading in major fiat currencies like USD, GBP, and EUR. 

Below is the full list of available regions:

• North America: United States, Bahamas, Bermuda, British Virgin Islands, Cayman Islands, Costa Rica, Dominican Republic, El Salvador, Guatemala, Jamaica, Mexico, Panama, St. Lucia, St. Vincent & the Grenadines and the U.S. Virgin Islands.
• South America: Argentina, Brazil, Chile, Colombia, Ecuador, Peru and Uruguay.
• Europe: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Finland, France, Gibraltar, Greece, Guernsey, Hungary, Iceland, Ireland, Italy, Jersey, Latvia, Liechtenstein, Lithuania, Luxembourg, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland and the United Kingdom.
• Asia: Bhutan, Israel, Philippines, Singapore, South Korea, Taiwan, Turkey and Vietnam.
• Oceania: New Zealand.
• Africa: Egypt, Ghana and South Africa.

Gemini Licenses

Gemini, headquartered in New York, operates under stringent regulatory oversight and holds crypto licenses in key jurisdictions:

• United States: Gemini is a New York trust company regulated by the New York State Department of Financial Services (NYDFS). It holds money transmitter licenses in nearly all U.S. states and territories, including Alabama, California, Florida and Texas.
• United Kingdom: Licensed as an Electronic Money Institution (EMI) by the Financial Conduct Authority (FCA).
• Europe: Gemini is authorized as an E-Money Institution by the Central Bank of Ireland, enabling it to serve all 27 EU member states. It is also registered as a Virtual Asset Service Provider in Italy, France, and Greece.
• Singapore: Gemini has obtained in-principle approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).
• Global Compliance: Beyond specific country licenses, Gemini's commitment to regulatory adherence is demonstrated through its certifications, including SOC 1 Type 2, SOC 2 Type 2, and ISO/IEC 27001:2013. 

Does Gemini Require KYC?

Yes, Gemini requires all users to complete the Know Your Customer (KYC) verification process. This is mandatory for accessing core services, including depositing and withdrawing funds, trading digital assets, and using various other features on the platform. 

The KYC process at Gemini involves submitting personal details, verifying identity documents, and completing additional verification steps like facial recognition and address confirmation.

About Gemini

Gemini is a New York-based cryptocurrency exchange and custodian founded in 2014 by Cameron and Tyler Winklevoss. The platform allows users to securely buy, sell, and store over 150 cryptocurrencies, including Bitcoin and Ethereum.

The platform also provides a user-friendly mobile app, an advanced trading platform called ActiveTrader, and its own stablecoin, the Gemini dollar (GUSD), pegged to the U.S. dollar.

Final Thoughts

Gemini enforces restrictions in regions subject to international sanctions, such as Afghanistan, Iran, North Korea, Sudan, and Syria, while providing its cryptocurrency services across more than 60 countries worldwide. 

These compliance measures reflect Gemini’s commitment to balancing accessibility with strict adherence to global regulatory requirements.