Gemini Secures MiCA License Alongside MiFID II Approval Ahead of Nasdaq Listing

Thursday, 21/08/2025 | 11:03 GMT by Tareq Sikder
  • The MFSA granted the license, allowing Gemini to operate in over 30 European jurisdictions.
Gemini

Cryptocurrency exchange Gemini has received a Markets in Crypto-Assets Regulation license in Malta. The approval is part of the company’s efforts to expand its operations in Europe.

The Malta Financial Services Authority granted the license yesterday (Wednesday), according to official MFSA records. Gemini, owned by Cameron and Tyler Winklevoss, said the license allows it to provide crypto products to customers across more than 30 European countries and jurisdictions.

Nasdaq Filing Context

The regulatory milestone follows Gemini’s recent filing to list its Class A common stock on the Nasdaq Global Select Market under the ticker GEMI. The exchange said the MiCA approval supports its ongoing commitment to regulatory compliance in Europe.

Gemini also holds a Markets in Financial Instruments Directive (MiFID II) license, which it obtained in May. This license permits the company to offer derivatives products in the European market.

Read More: After Coinbase, SEC Drops Gemini Probe—Winklevoss Demands Firings, Compensation.

Regulatory Clarity and Crypto Adoption

The exchange emphasized: “We believe that clear regulation of the industry is the foundation of global crypto adoption, and MiCA’s implementation has proven that Europe is one of the most innovative and forward-thinking regions regarding this.”

Gemini Reports $282M Loss Amid IPO

Gemini reported a net loss of $282.5 million for the first half of 2025, up from $41.4 million in the same period last year, according to its IPO filing. Revenue fell to $68.6 million from $74.3 million.

Monthly transacting users rose slightly to 523,000, while trading volume dropped to $24.8 billion. Assets on the platform remained at $18.2 billion. The results come amid Gemini’s plans to go public, contrasting with strong debuts from other crypto firms.

Cryptocurrency exchange Gemini has received a Markets in Crypto-Assets Regulation license in Malta. The approval is part of the company’s efforts to expand its operations in Europe.

The Malta Financial Services Authority granted the license yesterday (Wednesday), according to official MFSA records. Gemini, owned by Cameron and Tyler Winklevoss, said the license allows it to provide crypto products to customers across more than 30 European countries and jurisdictions.

Nasdaq Filing Context

The regulatory milestone follows Gemini’s recent filing to list its Class A common stock on the Nasdaq Global Select Market under the ticker GEMI. The exchange said the MiCA approval supports its ongoing commitment to regulatory compliance in Europe.

Gemini also holds a Markets in Financial Instruments Directive (MiFID II) license, which it obtained in May. This license permits the company to offer derivatives products in the European market.

Read More: After Coinbase, SEC Drops Gemini Probe—Winklevoss Demands Firings, Compensation.

Regulatory Clarity and Crypto Adoption

The exchange emphasized: “We believe that clear regulation of the industry is the foundation of global crypto adoption, and MiCA’s implementation has proven that Europe is one of the most innovative and forward-thinking regions regarding this.”

Gemini Reports $282M Loss Amid IPO

Gemini reported a net loss of $282.5 million for the first half of 2025, up from $41.4 million in the same period last year, according to its IPO filing. Revenue fell to $68.6 million from $74.3 million.

Monthly transacting users rose slightly to 523,000, while trading volume dropped to $24.8 billion. Assets on the platform remained at $18.2 billion. The results come amid Gemini’s plans to go public, contrasting with strong debuts from other crypto firms.

About the Author: Tareq Sikder
Tareq Sikder
  • 1989 Articles
  • 32 Followers
About the Author: Tareq Sikder
A Forex technical analyst and writer who has been engaged in financial writing for 12 years.
  • 1989 Articles
  • 32 Followers

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