Digital assets firm Gemini recently announced that users in the EU can use Plaid to deposit EUR and GBP into their wallets from their bank accounts – which is described as a “significant enhancement” that will allow users in the region to fund their accounts and trade crypto with ease.
As mentioned in a blog post by Gemini, Plaid’s technology simplifies the deposit process by securely “verifying a user’s account details and enabling smooth transactions, ensuring that Gemini users spend less time waiting to fund their account, and more time trading crypto.”
Gemini further explained how clients may deposit “using direct bank transfers via Plaid.”
As stated in the update, EU users can now “deposit funds using Plaid on Gemini with just a few simple steps.”
In addition to bank transfers via Plaid, users can also “purchase crypto instantly using Apple and Google Pay, and fund their account using a manual bank transfer or crypto transfer.”
This new deposit option makes the Gemini trading experience more seamless.
Last month, Gemini had announced that they’ve enhanced users’ trading experience with new features on Gemini ActiveTrader that make it easier to customize your interface so clients “can execute trades with no interruptions.”
According to Gemini, here are the updates:
- Customizing your layout: Now, you can drag and drop modules across your screen to tailor your workspace. Simply resize the width and height of the modules so you can optimize your view.
- Add or remove modules: By selecting ‘Edit Layout’ you can easily add or remove modules from your screen. New modules appear in your last active tab by clicking the ‘Add’ button, or can be dragged directly into any location you desire.
- Introducing a new floating order form: If you prefer trading from the chart, their floating order form maximizes screen space for charts and other tools, without needing to have the order form as a visible module.
As covered earlier this month, the U.S. Securities and Exchange Commission (SEC) and Gemini Trust Co., the crypto exchange founded by billionaire twins Tyler and Cameron Winklevoss, have jointly requested a 60-day pause in their ongoing legal battle to explore a potential resolution.
The motion, filed on April 1, 2025, in Manhattan federal court, marks a possible turning point in a case that has loomed over Gemini since January 2023, when the SEC accused the exchange of offering unregistered securities through its Gemini Earn program.
This move comes amid a broader thaw in regulatory tensions under a crypto-friendly Trump administration, raising hopes for a more collaborative future between regulators and the digital asset sector.
The SEC’s lawsuit against Gemini, alongside its former partner Genesis Global Capital, centers on the Gemini Earn program, which allowed retail investors to lend their crypto assets in exchange for interest payments.