Gemini secures license to expand EU crypto derivatives offerings

US-based Gemini has received a Markets in Financial Instruments Directive (MiFID) II license from the Malta Financial Services Authority (MFSA), according to a May 9 statement shared with CryptoSlate.

This allows the exchange to offer regulated crypto derivatives across the European Union (EU) and European Economic Area (EEA).

With the license, the exchange can begin offering select derivatives, including perpetual futures, to advanced users. Gemini stated that it is working with regulators to meet the conditions for a full-scale launch.

Mark Jennings, Gemini’s head of Europe, said:

“This is a hugely exciting development in our 2025 European expansion, as it puts Gemini one step closer to offering our derivative products to both retail…

Source link