Gemini receives a fundamental approval for an investment company license in Malta

• The approval marks a significant step for Gemini, which Malta selected as an EU hub for its mica application
• Gemini can offer customers in the EU and the EEA eternal futures contracts and options
• A growing number of crypto platforms extends their services to Europe

The Crypto Exchange Gemini was granted in the basic approval for an investment company license of the financial regulatory authority of Malta.

in a blog> blog -It -contribution Mark Jennings, Gemini's European leader, announced the news on February 11th. The step is an important moment for the crypto exchange, which Malta as an EU hub for its markets in Crypto Assets (Mica) application (Mica).

Jennings said that Gemini will be able to show Perpetual Futures and options throughout the basic license in the EU and in the European Economic Area (EEA) as part of the markets in financial instruments as soon as it is offered in the EU and in the European Economic Area.

"The achievement of an impressed approval is a crucial step in our European expansion strategy of 2025," added Jennings.

expand to Europe

Gemini's cross -impaired approval comes at a time when more organizations turn to Europe to expand their services.

Since the full introduction of Mica regulation in the EU at the end of 2024, a growing number of crypto platforms and service providers have already received approval. The approval of Mica enables providers to offer their products and services in the EEA.

The companies that have received complete Mica licenses include Bitpanda, Boerse Stuttgart Digital, Circle, Coinbase, Crypto.com, MoonPay and Okx.