Gemini to launch crypto derivatives in Europe with new license
Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has received regulatory approval to expand crypto derivatives trading across Europe.
Gemini has secured a Markets in Financial Instruments Directive II (MiFID II) license from the Malta Financial Services Authority (MFSA), allowing the exchange to offer crypto derivatives in the European Union, the exchange announced on May 9.
“Once we commence business activities, we will be able to offer regulated derivatives throughout the EU and EEA [European Economic Area] under MiFID II,” Gemini’s head of Europe, Mark Jennings, said.
According to the exec, the MiFID II license is a big milestone in Gemini’s European expansion, putting it one step closer to offering…
