Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has hit a significant milestone in its European expansion. The platform has officially received a Markets in Crypto-Assets (MiCA) license from the Malta Financial Services Authority (MFSA), making it the fifth crypto exchange to earn this regulatory approval in Malta. Gemini now joins the ranks of Bitpanda, Crypto.com, OKX, and ZBX.
What the MiCA License Means for Gemini and Europe
With the MiCA license in hand, Gemini is now authorized to offer secure and fully compliant crypto services across more than 30 European countries. This license provides the regulatory clarity necessary for broader adoption of digital assets, something Gemini has strongly advocated for.
Gemini praised the EU’s forward-looking approach to crypto regulation, emphasizing how a clear legal framework like MiCA helps foster innovation while protecting users. The move supports Gemini’s long-term strategy to build trust and credibility within the crypto ecosystem.
Gemini’s Growing European Presence and Product Expansion
The MiCA approval is just one part of Gemini’s larger growth strategy. The exchange already holds a MiFID II license, which enables it to offer derivatives trading throughout the European Union. On top of that, Gemini has recently launched tokenized stock offerings on the Arbitrum blockchain, allowing European users to trade shares 24/7 in a decentralized and transparent environment.
These tokenized equity products place Gemini in direct competition with platforms like Kraken and Robinhood, which have also moved into the tokenized asset space. The addition of these services signals Gemini’s intention to be a major player in the evolving digital finance landscape.
Adding to its ambitious roadmap, Gemini has also filed to go public on Nasdaq under the ticker symbol “GEMI.” This move could further boost its visibility and credibility among investors as it continues to expand globally.