💫 Gemini Wins Malta’s Heart: Crypto Expansion in Europe! 💫

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Gemini’s crypto party just got an RSVP from Malta, saying “Yes, you can throw your futures and options bash in Europe!”

Gemini, the cool kids’ crypto exchange, has just been given a metaphorical gold star by Malta. They’re one step closer to an Investment Firm license, which is like the golden ticket to the chocolate factory of EU crypto trading. And yes, they’re playing by MiFID II’s rules – because even in the digital wild west, you need some structure.

So, Gemini’s been chatting up the Maltese regulator, angling for that sweet, sweet license. This means they’ll be the life of the European crypto party, offering up futures and options like canapes. And let’s not forget Malta’s also the place for their MiCA application – because who doesn’t love a bit of regulatory compliance?

This preliminary “You’re doing great, sweetie” from Malta is a big deal for Gemini’s 2025 Eurovision dreams. Once they’ve got that license in hand, they’ll be strutting their stuff with perpetual futures contracts for all the cool cats and institutional kittens across the EU and EEA.

This move? It’s Gemini saying “Hey, we’re not just here for the retail rodeo; we’ve got institutional rodeo too!” They’ve already got a spot exchange with more digital assets than you can shake a stick at, and ActiveTrader with more trading pairs than a speed dating event. Plus, institutional clients get their own VIP room with the OTC desk and eOTC system.

Mark Jennings, Gemini’s Head of Europe, is like the proud dad at a soccer game. He’s all “This is a big step forward, folks!” and “We’re all about that high-quality service life!” He’s noticed the institutional investors eyeing up crypto derivatives like they’re the last slice of pizza. As crypto becomes the cool new asset class, regulated trading services are the must-have accessory.

With this approval, Gemini’s like the popular kid who’s just been named prom queen. They’re on track to rule the European crypto roost, and they’re doing it with style – while still respecting the law, of course. If the final license comes through, Europe’s traders and institutions will be Gemini’s BFFs. And that, dear readers, is what we call a crypto love story.

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2025-02-12 09:06