Gemini Secures MiCA License in Malta

[umair]

Big move from Gemini this week—they’ve officially secured a MiCA license in Malta. That means they can now legally offer crypto services (like trading, custody, and staking) across the European Economic Area. With MiCA coming into full effect in 2025, this is a major step for any exchange looking to get ahead in Europe.

What’s interesting is that Gemini already had a MiFID II license earlier this year, which allowed them to offer more traditional financial services like derivatives and tokenized assets. Now, with both licenses in hand, they’re in a really strong position to serve both retail and institutional clients across Europe—completely above board.

This all feels very strategic, especially with rumors heating up around their planned Nasdaq IPO. It looks like they’re trying to lock down strong regulatory credentials ahead of going public, which makes sense in this current climate where regulators are tightening up on crypto.

Also worth noting—Malta has been one of the more aggressive countries in issuing MiCA licenses. Some big names like OKX, Crypto.com, and Bitpanda have gone the same route. There’s been a bit of skepticism about whether Malta is moving too fast with approvals, but so far it seems to be attracting serious players.

Bottom line: Gemini’s expansion shows how fast the regulatory environment is shifting. Exchanges are realizing they can’t afford to wait around anymore. MiCA is setting the tone for what compliance looks like in crypto, and companies that adapt early are going to have a big edge.

Curious to see if other US-based exchanges follow Gemini’s lead and push harder into Europe now. Anyone else watching this unfold?