Deep Tide TechFlow News, on May 9, according to Cointelegraph, the well-known cryptocurrency exchange Gemini has obtained a license for the Markets in Financial Instruments Directive II (MiFID II) issued by the Malta Financial Services Authority (MFSA). This regulatory approval will allow Gemini to provide compliant cryptocurrency derivatives trading services within the European Union and the European Economic Area (EEA).

Mark Jennings, head of Gemini Europe, stated that this approval marks an important milestone for Gemini's business expansion in Europe, and in the future, it will offer derivative trading services such as perpetual futures to advanced users. Gemini plans to meet the relevant conditions in the coming months to officially launch these products.