Crypto Firm Gemini Secures MiFID II License From Malta to Offer Derivatives in EEA
Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, said it secured a MiFID II license from Malta allowing it to offer derivative products across the European Economic Area.
The license from Malta Financial Services Authority (MFSA) will enable the company to offer perpetual futures and other derivatives across the European Union’s 27 nations plus Iceland, Liechtenstein and Norway, once the required conditions are met, Gemini said Friday.
“There are technical and operational steps to ensure we launch these products in a compliant and secure manner, which we hope to do so in the coming months,” a Gemini spokesperson said.
Exchanges have been moving into derivatives as the next frontier for revenue growth. One of the…
