Gemini Expands into Europe with New MiFID II License
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temini secures MiFID II license for EU derivatives The exchange regulatory milestone paves the way for European expansion Gemini leases Miami office amid global expansion plans Gemini, the well-known cryptocurrency exchange, has secured an important milestone in its expansion efforts. The company has received an Investment Firm License from the Malta Financial Services Authority (MFSA). This approval enables Gemini to bring the regulated forms of cryptocurrency derivatives that are tradable in the EU and the EEA. The exchange license is under “MiFID II,” which is an EU directive regulating traditional financial markets. Gemini to Accelerate Global Expansion with European Derivatives Approval The exchange’s newest regulatory approval will enable the firm to push its derivative products including perpetual futures to both retail and institutional investors in Europe. In the current months, Gemini will make certain that all products comply with regulatory standards prior to their launch as derivatives. According to the officials of the firm, this regulatory approval may prepare the ground for later market opportunities in Europe and in other areas. Gemini has been aggressively working to continue to push global access to cryptocurrency derivatives, which is an integral component of a larger strategy of the company. Remarkably, Gemini is not the only fiat cryptocurrency derivatives provider looking to expand its offering. Even before Gemini’s expansion announcement, another big exchange, Kraken, announced a $1.5 billion purchase by NinjaTrader, focused on launching services for futures trading. These changes point towards a broader industry trend as exchanges appropriately package derivative services in a bid to serve institutional and retail market participants. In a day when industry rivalries are escalating, Gemini’s entry into European derivatives trading has put it in a position of preeminence in the emergent global crypto world. Gemini Awaits MiCA Approval for Derivatives Launch Gemini has been busying itself with…
Filed under: News - @ May 11, 2025 7:28 pm