The Cryptocurrency Exchange Gemini received a market in Malta in the Crypto-Assets Regulation (MICA) license, supporting the company’s ongoing expansion in Europe.
Cameron and Tyler Vinklevos -owned exchange on Wednesday obtained a Micah license from Malta Financial Services Authority, According For the official MFSA record.
“Getting this approval is an important milestone in our regulated European expansion, as it will allow us to expand its safe and reliable crypto products for customers in more than 30 European countries and courts,” Mithun said in a statement.
Last Friday, the regulatory milestone came out on the Nasdaq Global Select Market under Tikar Jamie to list its Class A Common Stock.
Gemini welcomes “clear regulation”
“Today’s announcement is to maintain Gemini’s long -standing dedication to maintain the highest standards of regulatory compliance, as we are on a scale in the region,” Mithun said, highlighting the importance of asbestos to the adoption of crypto.
“We believe that the clear regulation of the industry is the foundation for global crypto adoption, and Micah’s implementation has proved that Europe is one of the most new and forward -thinking areas about it,” has been said in Mithun’s statement.
Mithun has also placed a market in the Financial Instruments Directed (Mifid II) license received in May, allowing the exchange to offer derivatives in the European market.
This is a developing story, and further information will be added as it is available.
