{"id":128921,"date":"2025-05-09T13:20:06","date_gmt":"2025-05-09T13:20:06","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=128921"},"modified":"2025-05-09T13:20:06","modified_gmt":"2025-05-09T13:20:06","slug":"gemini-to-launch-crypto-derivatives-in-europe-with-new-license","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=128921","title":{"rendered":"Gemini to launch crypto derivatives in Europe with new license"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsGemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has received regulatory approval to expand crypto derivatives trading across Europe.<br \/>\nGemini secured a Markets in Financial Instruments Directive II (MiFID II) license from the Malta Financial Services Authority (MFSA), allowing the exchange to offer crypto derivatives in the European Union, it announced on May 9.<br \/>\n\u201cOnce we commence business activities, we will be able to offer regulated derivatives throughout the EU and EEA [European Economic Area] under MiFID II,\u201d said Gemini\u2019s head of Europe, Mark Jennings.<br \/>\nAccording to the exec, the MiFID II license is a big milestone in Gemini\u2019s European expansion, putting it one step closer to offering derivatives to both retail and institutional users.<br \/>\nAdvanced traders will get perpetual futures<br \/>\nGemini\u2019s upcoming derivatives offering in the EU and EEA will include perpetual futures and other derivatives, which will be available to advanced users of Gemini, Jennings noted.<br \/>\n\u201cOver the coming months, we will be working toward meeting the required conditions to launch these products across Europe,\u201d he added.<br \/>\nSource: MFSAAccording to MFSA records, Gemini\u2019s Maltese entity, Gemini Intergalactic EU Artemis, was issued a license on May 8.<br \/>\nMiCA license yet to be issued<br \/>\nGemini\u2019s latest license builds on the growing regulatory progress of the US-based exchange in Europe.<br \/>\nIn January, Gemini officially announced that it would choose Malta as its hub for compliance with the European Union\u2019s Markets in Crypto-Assets (MiCA) framework.<br \/>\nThe move came shortly after Gemini received its sixth European virtual asset service provider (VASP) registration from the MFSA in December 2024.\u00a0<br \/>\nHowever, the exchange has not yet obtained full MiCA licensing.<br \/>\nRelated: Coinbase\u2019s Deribit buy shows growing derivatives market<br \/>\nDerivatives are a hot trend in crypto<br \/>\nGemini\u2019s upcoming crypto derivatives launch in Europe is yet another milestone in a growing trend toward derivatives in the global crypto industry.<br \/>\nCoinbase, the biggest crypto exchange in the US by trading volume, on May 8 announced the $2.9 billion acquisition of Deribit, one of the world\u2019s largest crypto derivatives platforms.<br \/>\nThe deal came just a few days after rival exchange Kraken confirmed plans to purchase the derivatives trading platform NinjaTrader to offer futures trading on May 1. The firm previously said it had agreed to acquire NinjaTrader for $1.5 billion.<br \/>\nMagazine: 12 minutes of nail-biting tension when Ethereum\u2019s Pectra fork goes live<a href=\"https:\/\/cointelegraph.com\/news\/gemini-launches-crypto-derivatives-europe-new-license?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsGemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has received regulatory approval to expand crypto derivatives trading across Europe. Gemini secured a Markets in Financial Instruments&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/128921"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=128921"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/128921\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=128921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=128921"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=128921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}