Gemini Secures MiCA License Alongside MiFID II Approval | Crypto Work Pro
Cryptocurrency exchange Gemini has obtained a Markets in
Crypto-Assets Regulation license in Malta. The approval is an element of the
company’s efforts to increase its operations in Europe.
The Malta Financial Services Authority granted the license yesterday (Wednesday), in line with official MFSA information. Gemini, owned by Cameron and
Tyler Winklevoss, mentioned the license permits it to offer crypto merchandise to
prospects throughout more than 30 European international locations and jurisdictions.
Nasdaq Filing Context
The regulatory milestone follows Gemini’s latest submitting to
listing its Class A common stock on the Nasdaq Global Select Market underneath the
ticker GEMI. The exchange mentioned the MiCA approval helps its ongoing
dedication to regulatory compliance in Europe.
Gemini additionally holds a Markets in Financial Instruments
Directive (MiFID II) license, which it obtained in May. This license permits
the company to offer derivatives merchandise within the European market.
🔥 JUST IN: Gemini secures MiCA license from MFSA.Now cleared to increase crypto providers throughout 30+ European international locations. pic.twitter.com/CvhRWnfgX7
— Cointelegraph (@Cointelegraph) August 21, 2025
Read More: After
Coinbase, SEC Drops Gemini Probe—Winklevoss Demands Firings, Compensation.
Regulatory Clarity and Crypto Adoption
The exchange emphasised: “We imagine that clear regulation
of the industry is the inspiration of world crypto adoption, and MiCA’s
implementation has confirmed that Europe is one of probably the most revolutionary and
forward-thinking areas concerning this.”
Gemini Reports $282M Loss Amid IPO
Gemini reported a
web loss of $282.5 million for the primary half of 2025, up from $41.4
million in the identical period final 12 months, in line with its IPO submitting. Revenue fell
to $68.6 million from $74.3 million.
Monthly transacting customers rose barely to 523,000, whereas
trading quantity dropped to $24.8 billion. Assets on the platform remained at
$18.2 billion. The outcomes come amid Gemini’s plans to go public, contrasting
with robust debuts from different crypto companies.
This article was written by Tareq Sikder at www.financemagnates.com.
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