Gemini Smashes EU Red Tape—Crypto Derivatives Now Live for Euro Traders

Regulators finally blink: Winklevoss twins’ exchange scores key EU license after years of ’patient’ lobbying (read: relentless legal maneuvering).

Derivatives domino effect: From today, European traders can gamble—sorry, ’hedge risk’—with Bitcoin and Ether futures, options, and perpetual swaps. All under MiFID II’s watchful eye, naturally.

Wall Street’s worst-kept secret: This isn’t about decentralization—it’s about capturing institutional flow before BlackRock eats everyone’s lunch. Bonus points for Gemini’s timing: launching just as the ECB hints at rate cuts (classic casino economics).

Gemini targets Europe

According to the exchange, the licensing forms part of its broader strategy to grow its European footprint in 2025.

The exchange added that this approval creates new opportunities for growth in one of the world’s most promising crypto markets.

Gemini said it will continue working toward acquiring a Markets in Crypto-Assets (MiCA) license, which WOULD enable it to provide a broader suite of regulated crypto services across EU member states.

Meanwhile, Gemini’s European push reflects a broader industry trend, as more crypto firms shift their operations to jurisdictions with clear regulatory frameworks. Over the past months, major crypto firms, including Crypto.com, Kraken, and Coinbase, have made significant inroads into the region.

This Avalanche can be linked to Europe’s adoption of the MiCA regime, which has made the region more attractive to companies seeking legal clarity amid increasing demand for digital assets from institutional and retail crypto investors.