Gemini in the US obtains 'MiCA license'—enabling EU operations

Source
JOON HYOUNG LEE

Summary

  • Gemini announced that it has obtained the MiCA license, enabling expansion of its cryptocurrency services within the EU.
  • Gemini stated it is pursuing a listing on the US Nasdaq.
  • Major financial institutions including Citigroup, Goldman Sachs, and Morgan Stanley have been named as underwriters for Gemini's IPO.

The American cryptocurrency exchange Gemini has obtained the MiCA license from the European Union (EU).

Cointelegraph announced on the 21st (local time) via its official X account that 'Gemini has obtained the MiCA license from the Malta Financial Services Authority (MFSA).' Cointelegraph also reported that '(Gemini) can now expand its cryptocurrency services to around 30 EU countries.'

Gemini is also pursuing a listing on the US Nasdaq. Recently, Gemini submitted an 'S-1' registration statement, required for a Nasdaq listing, to the US Securities and Exchange Commission (SEC). Citigroup, Goldman Sachs, Morgan Stanley, and Cantor Fitzgerald are serving as underwriters for Gemini's initial public offering (IPO).

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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