Cryptocurrency exchange Gemini has received a Markets in
Crypto-Assets Regulation license in Malta. The approval is part of the
company’s efforts to expand its operations in Europe.
The Malta Financial Services Authority granted the license yesterday (Wednesday), according to official MFSA records. Gemini, owned by Cameron and
Tyler Winklevoss, said the license allows it to provide crypto products to
customers across more than 30 European countries and jurisdictions.
Nasdaq Filing Context
The regulatory milestone follows Gemini’s recent filing to
list its Class A common stock on the Nasdaq Global Select Market under the
ticker GEMI. The exchange said the MiCA approval supports its ongoing
commitment to regulatory compliance in Europe.
Gemini also holds a Markets in Financial Instruments
Directive (MiFID II) license, which it obtained in May. This license permits
the company to offer derivatives products in the European market.
🔥 JUST IN: Gemini secures MiCA license from MFSA.Now cleared to expand crypto services across 30+ European countries. 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 emphasized: “We believe that clear regulation
of the industry is the foundation of global crypto adoption, and MiCA’s
implementation has proven that Europe is one of the most innovative and
forward-thinking regions regarding this.”
Gemini Reports $282M Loss Amid IPO
Gemini reported a
net loss of $282.5 million for the first half of 2025, up from $41.4
million in the same period last year, according to its IPO filing. Revenue fell
to $68.6 million from $74.3 million.
Monthly transacting users rose slightly to 523,000, while
trading volume dropped to $24.8 billion. Assets on the platform remained at
$18.2 billion. The results come amid Gemini’s plans to go public, contrasting
with strong debuts from other crypto firms.
This article was written by Tareq Sikder at www.financemagnates.com.
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