Gemini has received regulatory approval for crypto derivatives trading in Europe under MiFID II license from the Malta Financial Services Authority.
The license allows Gemini to offer regulated derivatives throughout the EU and EEA, moving closer to providing derivatives to retail and institutional users.
Gemini's upcoming derivatives offering in the EU and EEA will include perpetual futures and other derivatives for advanced traders.
The move aligns with the growing trend of crypto derivatives in the global industry as seen with Coinbase's acquisition of Deribit and Kraken's purchase of NinjaTrader.