Gemini has received a MiFID II license, enabling it to offer crypto derivatives across EU and EEA markets.
Obtaining MiFID II License
Gemini secured a MiFID II license from the Malta Financial Services Authority on May 10, 2025, allowing its Maltese entity, Gemini Intergalactic EU Artemis, to operate in the EU and EEA.
Expansion into European Derivatives Market
Led by co-founders Cameron and Tyler Winklevoss, Gemini aims to expand its offerings, including swaps and perpetual futures, for retail and institutional clients in Europe under the direction of Mark Jennings.
Impact on the Crypto Derivatives Market
The license allows Gemini to offer regulated crypto derivatives, which could lead to increased trading volumes and liquidity in markets for assets such as bitcoin and ethereum.
Obtaining the MiFID II license by Gemini is seen as a crucial step in competing in the European crypto derivatives market, opening new opportunities for users.