Crypto exchange Gemini has announced the receipt of a MiCA license from Malta’s Financial Services Authority, allowing it to operate in over 30 EU countries.
Major Milestone for Gemini in Europe
The MiCA license acquired by Gemini marks a significant achievement in the regulatory landscape. This license enables the exchange to offer its crypto services across the EU in compliance with the new standards for digital asset markets.
What This Means for Gemini and Crypto Users
With the MiCA license, Gemini can now expand its full range of services, including trading, custody, and stablecoin offerings across EU member states without having to apply for separate licenses. This simplifies operations and ensures the same level of compliance and safety for users.
Boosting Confidence in Crypto Regulation
The MiCA approval is not only a win for Gemini but also reflects the growing momentum in crypto regulation across Europe. This development strengthens Gemini's position as a reliable platform for both institutional and retail users in the European market.
In conclusion, Gemini's acquisition of the MiCA license reinforces its position in the European crypto market while also opening new avenues for growth and user trust.
