Gemini has secured a license from Malta Mica and has been approved to operate in 30 European countries.
Malta will become Gemini's European hub to support regulated growth, innovation and customer protection efforts.
European head of Mark Jennings says Mica can shape the global cryptocurrency framework.
Gemini will submit a Nasdaq list under ticker Gemi to expand its global financial presence.
Gemini, a crypto exchange founded by Cameron and Tyler Winklevoss, took an even bigger step in Europe. The company currently secures the market for Malta's Crypto-Assets Regulation (MICA) licensing, strengthening its position as one of the industry's most regulated players.
Gemini receives a Malta Mica license
Gemini has been approved by the Malta Financial Services Authority (MFSA) under the new European market in Crypto-Assets Regulation (MICA). This license allows the exchange to provide cryptographic services in more than 30 European countries.
Malta currently serves as the main hub for Gemini in Europe and supports expansion in the region.
The MICA license shows that Gemini meets strict European rules for crypto companies, aiming to keep customers safe and prevent fraud and abuse in crypto trading.
It gives Gemini the freedom to grow safely in Europe and reaches millions of new customers with a reliable, regulated platform.
Focusing on Gemini regulations
In a statement, Gemini said the new approvals reflect long-standing commitment to compliance and regulations.
Europe's head, Mark Jennings, called Mica an important step, saying Malta will serve as a Gemini hub for regulated growth and innovation. He also pointed out that the European framework can guide global crypto regulations.
In December 2024, Gemini moved its European headquarters to Malta after receiving its sixth MFSA license.
More recently, the exchange has filed for listing Class A stocks in the Nasdaq under the tickerjemi, showing that it is working in multiple aspects to increase its global presence.
