Cryptocurrency exchange Gemini has received a Markets in Crypto-Assets Regulation (MiCA) license from the Malta Financial Services Authority, facilitating its further development in Europe.
MiCA License from MFSA
Gemini successfully secured a MiCA license from the Malta Financial Services Authority (MFSA) on Wednesday, as confirmed by official MFSA records.
Gemini and License Holders
The exchange, owned by Cameron and Tyler Winklevoss, noted that obtaining this license is a critical step in their regulated expansion across Europe and will allow them to expand secure crypto offerings for customers in over 30 European countries and jurisdictions.
Importance of Regulation for the Crypto Industry
Gemini emphasized the significance of MiCA's implementation for crypto adoption, stating that "clear regulation is the foundation of global crypto adoption" and pointed out Europe as a leading region in this regard.
The acquisition of the MiCA license allows Gemini to significantly enhance its operations in Europe while reaffirming the company's commitment to high regulatory standards.
