- Gemini receives MiFID II license from Malta.
- Allows European-wide crypto derivatives launch.
- Includes perpetual futures for advanced users.
Gemini, founded by Cameron and Tyler Winklevoss, has secured a MiFID II license from Malta for offering crypto derivatives across Europe starting May 8, 2025.
Gemini’s expansion signifies a strategic move into Europe’s financial markets, permitting broader access to crypto derivatives. This development aligns with industry trends toward expanding derivatives offerings.
Gemini, led by Mark Jennings, obtained the regulatory approval from Malta on May 8, 2025, positioning itself to offer derivatives like perpetual futures in Europe. Cameron and Tyler Winklevoss founded Gemini, and its Maltese entity received the license.
The MiFID II license enables Gemini to cater to 27 EU countries, Iceland, Liechtenstein, and Norway. The exchange plans to offer perpetual futures and broader derivatives products to advanced users, enhancing market involvement across Europe.
Mark Jennings, Head of Europe, Gemini, stated: “This is a hugely exciting development in our 2025 European expansion, as it puts Gemini one step closer to offering our derivative products to both retail and institutional users in the EU and the EEA.”
This approval could boost market liquidity and facilitate institutional involvement in the European derivatives landscape. The decision reflects a broader sector trend, as major exchanges acquire licenses to expand their product offerings.
Gemini’s structure mirrors prior expansions by Crypto.com and Coinbase, who have secured similar regulatory footholds. The move underscores a significant shift in crypto market dynamics, promoting robust legal frameworks for derivatives.
Further implications involve increased regulatory compliance, as Gemini aligns with existing and upcoming EU frameworks. Historical trends suggest this move may stimulate innovative financial services, backing Gemini’s substantial European entry.
