Gemini Secures MiCA License in Malta Expanding EU Operations

Gemini, the cryptocurrency exchange co-founded by Cameron and Tyler Winklevoss, has obtained a Markets in Crypto-Assets (MiCA) license from the Malta Financial Services Authority (MFSA), marking a significant regulatory expansion in the European Union [1]. This license enables the firm to offer a broader range of services, including trading, staking, and other financial products to European clients. The approval follows Gemini’s earlier acquisition of a derivatives trading license in May under MiFID II, reinforcing its institutional-grade compliance approach [2].

The MiCA license represents a major milestone in Gemini’s strategy to expand its presence across the EU. The firm reported an uptick in European client engagement and trading activity shortly after securing the license. This development is expected to attract more institutional investors from the region, particularly as regulatory uncertainty continues to persist in the U.S. market [1].

Cameron Winklevoss highlighted the significance of the MiCA license, noting that it “underscores our commitment to regulatory compliance and expanding access to crypto across Europe.” Gemini has not made any structural changes to its executive leadership, maintaining a consistent management approach as it scales operations [1].

Analysts view Gemini’s move as a model for other U.S.-based crypto firms seeking stable regulatory environments in Europe. The MiCA framework, one of the most comprehensive regulatory regimes for crypto assets, is now being implemented across the EU. By securing compliance in Malta, Gemini strengthens its credibility and operational scope in a key market [1].

The firm has also expanded its onshore presence with a new office in Scottsdale, Arizona, though the primary focus of its recent regulatory efforts remains in Europe [3]. Gemini’s alignment with EU regulatory standards is seen as a strategic step to enhance transparency and consumer protection, aligning with broader industry trends toward compliance and institutional adoption [1].

As European markets continue to evolve, Gemini’s MiCA license positions it to further innovate and grow its offerings. The exchange is expected to leverage this regulatory foundation to improve user experience and broaden its service portfolio in the coming months [1].

Source:

[1] Gemini Obtains MiCA License in Malta Expanding European Reach (https://coinmarketcap.com/community/articles/68a70ee77cc287111514b44f/)

[2] Crypto exchange Gemini expands EU footprint after ... (https://seekingalpha.com/news/4488084-crypto-exchange-gemini-expands-eu-footprint-after-securing-mica-license)

[3] Crypto Blog - Latest Crypto Articles & News (https://www.gemini.com/blog)