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Gemini Receives MiCA License from Malta Financial Services Authority

The license allows Gemini to extend its cryptocurrency services across 30+ European nations and regions, enhancing its presence in Europe.

Summary

Gemini, the cryptocurrency exchange founded by the Winklevoss brothers, has secured a Markets in Crypto-Assets Regulation (MiCA) license from the Malta Financial Services Authority (MFSA). This approval will enable the exchange to expand its crypto services in over 30 European countries and regions.

Terms & Concepts
  • MiCA License: A regulatory framework under the European Union's Markets in Crypto-Assets Regulation, which provides a legal framework for crypto asset service providers in Europe.
  • Malta Financial Services Authority (MFSA): The regulatory body overseeing financial services in Malta, which governs and licenses entities offering financial services in the jurisdiction.