The Cryptocurrency Exchange Gemini has received a Crypto-Assets Regulation (MICA) license market in Malta, which supports the company’s ongoing expansion in Europe.
Cameron and Tyler Winklevoss owned a MICA license from the Malta Financial Services Authority on Wednesday, According to on official MFSA notes.
“Acceptance of this approval marks a critical milestone in our regulated expansion of Europe, as we will be allowed to expand our safe and reliable crypto products for customers to more than 30 European countries,” Gemini said in a statement shared with Cointelegraph.
The regulatory milestone comes shortly Gemini filed to list its class a standard stock At the NASDAQ Global Select Market under Ticker Gemi on Friday.
Gemini invites “clear regulation”
“The announcements of Gemini’s cement have long been dedicated to promoting the highest criteria for regulating the regulation as we measure the region,” said Gemini, who highlights the importance of MICA for the adoption of crypto.
“We believe that the clear regulation of the industry is the foundation of the global crypto adoption, and the implementation of MICA has proven that Europe is one of the most innovative and forward-thinking about it,” Gemini’s statement added.
Gemini also holds a The Financial Instruments License markets Directive (MIFID II)received in May, allowing the exchange to offer derivatives to the European market.
This is a story development, and further information will be added as it is available.
