Bitcoin billionaires Cameron and Tyler Winkelvoss are considering setting up a second headquarters for their cryptocurrency exchange Gemini in the United Kingdom to escape a U.S. regulatory crackdown on cryptocurrencies.
The pair reportedly met with FCA this week to discuss the proposal and scout potential locations in London.
Gemini is one of many crypto firms currently at loggerheads with the U.S. Securities and Exchange Commission (SEC) over operating in the country following the collapse of FTX.