Gemini Exchange Bolsters European Presence with New Crypto Derivatives License

Gemini, a prominent U.S.-based crypto exchange, has taken a significant step in its European expansion by securing a Markets in Financial Instruments Directive (MiFID) II license from the Malta Financial Services Authority (MFSA), as announced on May 9.

This regulatory milestone enables Gemini to offer regulated crypto derivatives, such as perpetual futures, to advanced users across the European Union (EU) and European Economic Area (EEA). The license marks an important milestone for the exchange as it strengthens its foothold in one of the world’s most dynamic crypto markets, positioning itself for future compliance with the Markets in Crypto Assets (MiCA) framework.

The MiFID II license allows Gemini to provide select derivatives to investors while the exchange collaborates with regulators to prepare for a comprehensive rollout. Mark Jennings, Gemini’s head of Europe, described the development as a critical advancement in the company’s 2025 European growth strategy. He emphasized that the license brings Gemini closer to serving both retail and institutional clients with its derivative products across the EU and EEA. This approval follows an initial regulatory nod from the MFSA and underscores Gemini’s strategic decision to anchor its European licensing efforts in Malta, a jurisdiction recognized for its crypto-friendly regulatory environment.

Strategic Expansion in a Thriving Market

Gemini’s focus on Europe aligns with a broader industry trend, as leading crypto platforms increasingly target jurisdictions with clear and supportive regulatory frameworks. The EU’s adoption of the MiCA regime has enhanced the region’s appeal, offering legal clarity that attracts companies catering to growing demand from institutional and retail investors. Over recent months, major players like Crypto.com, Kraken, and Coinbase have also expanded their operations in Europe, reflecting the region’s rising prominence in the global crypto landscape. Gemini’s latest achievement builds on this momentum, creating new opportunities for growth in a market poised for continued expansion.

The exchange is already laying the groundwork for further regulatory milestones, with plans to pursue a MiCA license that would enable it to offer a wider range of regulated crypto services across EU member states. This forward-looking approach highlights Gemini’s commitment to compliance and its ambition to become a leading player in Europe’s evolving digital asset ecosystem.