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Bienvenue en France: Gemini Registers Exchange in its 13th EU Country

Crypto exchange, Gemini has achieved its next milestone as it completes its expansion into another European country. Following the launch of its EU headquarters in Ireland in 2022, the exchange has now registered as a digital asset service provider (DASP) in France.

L’Autorité des Marchés Financiers (AMF), the French financial markets regulator, approval means Gemini can offer its products to retail and institutional users across France as the final preparations for a French Gemini platform are implemented. This will make France the thirteenth EU country in which the crypto exchange is approved. Additionally, the AMF approval brings the total number of countries accepting Gemini to over 70.

Once available in France, customers located there will be able to seamlessly trade over 70 cryptos on the Gemini website and mobile app and have access to our high-performance ActiveTrader platform. Institutional customers will also be able to access Gemini eOTC, our electronic over-the-counter trading solution, which offers fully-automated crypto trading with deep liquidity and delayed settlement.

“We are delighted to welcome customers based in France onto the Gemini platform in the coming weeks as we further expand access to crypto across Europe,” said Gillian Lynch, Gemini’s head of Ireland and EU. “France is a global innovation leader and has a vibrant crypto community as showcased by the success of Paris Blockchain Week.

“We are excited to soon be able to provide French customers with compliant and secure access to the future of finance as we continue on our mission to unlock the next era of financial, creative, and personal freedom.”

In its 2024 Crypto Trend Report blog on regulation, we believe that regulation is necessary to further cultivate innovation in the crypto industry in a way that best protects consumers while attracting greater retail and institutional investment as well as broader adoption.

The European Union is a leader in global crypto regulation

The European Union stands out both for its influence in traditional global markets and the quality and thoughtfulness of its approach to crypto regulation, now positioning itself as a leading global jurisdiction for promoting innovation within a robust regulatory structure.

In April 2023, EU lawmakers passed a vote to implement the markets in crypto-assets regulation (MiCA) which was hailed as the most significant crypto-specific regulation in the world to date. By creating a standardised legal framework across the EU, MiCA not only increases the accountability of service providers but also fosters consumer confidence in using and investing in crypto-assets.

This harmonisation also facilitates easier access to cross-border services, ensuring EU consumers benefit from a diverse and competitive market.

Author

  • Francis is a journalist and our lead LatAm correspondent, with a BA in Classical Civilization, he has a specialist interest in North and South America.

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