Is Gemini available in the United Kingdom?
Gemini announced it would close all customer accounts in the United Kingdom effective 6 April 2026, in a phased wind down. As of today, the platform does not serve new or existing United Kingdom residents. The Financial Conduct Authority (FCA) is the relevant United Kingdom regulator. Using crypto remains legal in the United Kingdom through other platforms.
Information, not advice. This is general information, not legal, tax, or financial advice. Verify the current rules with a qualified local professional and the official regulator before acting.
How we checked this. We set this status by reading the platform's own terms of use and country eligibility, and the public register kept by the named regulator, then dated the result. Availability can change, so confirm directly with the platform and the regulator before acting. As of 26 June 2026.
As of June 2026, Gemini is not available to United Kingdom residents. Gemini announced it would close all United Kingdom customer accounts effective 6 April 2026, moving accounts to withdrawal only mode beforehand and then winding them down. Gemini pointed to the cost and complexity of the United Kingdom's expanding cryptoasset regime under the Financial Services and Markets Act. Crypto itself remains legal in the United Kingdom, and other platforms registered with the Financial Conduct Authority still serve United Kingdom residents.
Why Gemini is not available in the United Kingdom
As of 2 June 2026, Gemini does not serve United Kingdom residents. Gemini confirmed in early 2026 that it planned to exit the United Kingdom market, placed customer accounts into withdrawal only mode, and set 6 April 2026 as the date from which it would close all United Kingdom customer accounts in a phased wind down. New United Kingdom sign ups are not accepted.
The relevant regulator is the Financial Conduct Authority (FCA). Gemini entities had held United Kingdom permissions, including registration of Gemini Intergalactic UK, Ltd with the FCA for certain cryptoasset activities under the Money Laundering Regulations, and authorisation of Gemini Payments UK, Ltd as an electronic money institution. Gemini attributed its exit to the cost and complexity of the United Kingdom's broader cryptoasset regime being built under the Financial Services and Markets Act, rather than to any finding against it.
Because the platform is not available to United Kingdom residents, this page does not show a compare exchanges module for Gemini in the United Kingdom. Other platforms remain available and are listed on the best exchanges in the United Kingdom page linked below.
What United Kingdom residents should know
If you held a Gemini account in the United Kingdom, the wind down meant you needed to withdraw your assets and balances before the closure date. Anyone affected should check Gemini's own communications and support pages for the latest instructions on withdrawals and timelines, since access is being removed rather than maintained.
Crypto remains legal to buy, hold, and sell in the United Kingdom. United Kingdom residents who want to keep using a platform should choose one that is registered with the FCA under the Money Laundering Regulations and that complies with United Kingdom financial promotion rules. Confirm a platform's current registration on the FCA register before acting.
How crypto is taxed in the United Kingdom
How crypto is taxed in the United Kingdom is set by His Majesty's Revenue and Customs (HMRC). In general terms, disposing of crypto can give rise to capital gains tax, and some activity such as certain rewards can be taxed as income. Closing or moving an account, including during an exchange wind down, can itself involve disposals, so keep records.
See the United Kingdom crypto tax page for a fuller general explanation, and confirm your position with a qualified professional before filing. This is general information, not tax advice (as of 2 June 2026).
Regulator and sources
The relevant United Kingdom regulator is the Financial Conduct Authority (FCA), with His Majesty's Revenue and Customs (HMRC) responsible for tax. The position below is stated as of 2 June 2026 and should be confirmed on the primary sources.
- Financial Conduct Authority (FCA), notice on Gemini Payments UK Ltd and Gemini Intergalactic UK Ltd exiting the United Kingdom market.
- Gemini, customer communications and support notice on closing United Kingdom accounts, with withdrawal only mode and closure effective 6 April 2026.
- Financial Services and Markets Act 2023 and the FCA's developing cryptoasset regime, cited as the reason for the higher cost and complexity of serving United Kingdom customers.
- His Majesty's Revenue and Customs (HMRC), guidance on the taxation of cryptoassets in the United Kingdom.
Frequently asked questions
Is Gemini available in the United Kingdom?
As of 2 June 2026, no. Gemini announced it would close all customer accounts in the United Kingdom effective 6 April 2026, in a phased wind down. New United Kingdom customers cannot sign up, and existing accounts were moved to withdrawal only mode before closure.
Why did Gemini leave the United Kingdom?
Gemini cited the new and more complex requirements of the United Kingdom's expanding cryptoasset regime under the Financial Services and Markets Act, which made it more costly to maintain a dedicated United Kingdom service. The decision was its own commercial choice.
Who regulates crypto exchanges in the United Kingdom?
The Financial Conduct Authority (FCA) supervises cryptoasset firms for anti money laundering purposes under the Money Laundering Regulations and is building a broader cryptoasset regime under the Financial Services and Markets Act 2023.
Is it legal to use crypto in the United Kingdom?
Yes. Buying, holding, and selling crypto is legal in the United Kingdom. The question on this page is whether the Gemini platform serves United Kingdom residents, and as of 2 June 2026 it has closed United Kingdom accounts.
What can United Kingdom residents do instead?
Other platforms still serve United Kingdom residents and are registered with the FCA under the Money Laundering Regulations. See the best exchanges in the United Kingdom page and confirm each platform's current status before acting.
Rules change frequently. Exchange availability can change, and an exchange that has exited a market can later return. The position on this page is dated 2 June 2026. Confirm the current status of Gemini in the United Kingdom on its official channels and the Financial Conduct Authority register before you act.
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