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Gemini Wins Malta MiCA License, Unlocking EU-Wide Crypto Services

The approval pairs with a prior MiFID II license to broaden Gemini’s regulated product lineup in Europe.

Overview

  • Malta’s MFSA granted Gemini a MiCA authorization that passports its crypto services across more than 30 EU and EEA jurisdictions.
  • Gemini becomes the fifth exchange licensed under Malta’s regime, joining Bitpanda, Crypto.com, OKX and ZBX.
  • In May the company secured MiFID II status to offer derivatives, followed by a June rollout of tokenized stocks on Arbitrum for European users.
  • The move aligns with Gemini’s push toward a Nasdaq listing under the ticker GEMI, with Goldman Sachs, Citigroup, Morgan Stanley and Cantor named as lead bookrunners and H1 2025 net losses disclosed at $282.5 million.
  • Company executives cast the framework as a foundation for adoption, as some regulators question the speed of MiCA approvals in Malta and call for closer EU oversight.