Gemini Obtains MiCA License from Malta Financial Authority for EU Expansion

Gemini has received a Markets in Crypto Assets (MiCA) license from the Malta Financial Services Authority (MFSA), enhancing its expansion plans across the European Union. Key points include:

Approval allows Gemini to offer products and services in over 30 European jurisdictions.
The MiCA regulation is the EU's first comprehensive crypto oversight framework, effective this year.
Gemini previously obtained a MiFID II license in May to offer derivatives.
The firm launched tokenized stocks in Europe shortly after securing the MiFID II license.
Gemini aims to introduce more offerings, including derivatives, to retail and institutional clients.
The company is preparing for an IPO, engaging Goldman Sachs, Citigroup, Morgan Stanley, and Cantor as lead bookrunners.