Gemini platform launches crypto derivatives contracts in Europe after obtaining a new license

The Gemini platform, founded by Cameron and Tyler Winklevoss, has received regulatory approval to expand its activities in trading cryptocurrency derivatives across Europe.

The company announced on May 9 that it has obtained a "Markets in Financial Instruments Directive 2" (MiFID II) license from the Malta Financial Services Authority (MFSA), allowing it to offer crypto derivatives products in the European Union.