Gemini has received in-principle approval in Malta for an Investment Firm license subject to the MFSA’s (Malta Financial Services Authorities) pre-authorisation requirements.
Once granted, the licence will allow Gemini to offer regulated futures and options throughout the EU and EEA* under MiFID II (Markets in Financial Instrument Directive).
Gemini are pursuing the license through the Maltese regulator, which will be applicable throughout Europe. Today’s approval follows their recent decision to select Malta as our EU hub and chosen jurisdiction for their MiCA application. Receiving MiCA approval will allow Gemini to continue offering their secure and reliable services to customers throughout the region.
Achieving in-principal approval marks a crucial step in Gemini’s 2025 European expansion strategy. Once the licence is obtained, MiFID II, a framework regulating the traditional financial markets, will allow Gemini to offer perpetual futures contracts throughout the EU and EEA* to advanced traders and institutions.
This is a strategic move to increase their offerings for institutional and retail customers, in addition to our existing spot exchange featuring 90+ digital assets, ActiveTrader™ with 80+ trading pairs, as well as Gemini’s OTC desk and eOTC trading system for institutional traders.
Mark Jennings, Gemini’s Head of Europe, said, “Receiving in-principal approval for an Investment License is a key milestone in our commitment to providing a best-in-class offering for retail and institutional investors. Interest in crypto derivatives, particularly from institutions, has increased significantly in recent years, as crypto matures into a recognised asset class.”
* Customers domiciled in Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Iceland, Liechtenstein, Norway