Gemini selects Malta as MiCA hub in European expansion milestone 

CRYPTO exchange Gemini has picked Malta to be its European hub for the Markets in Crypto-Assets (MiCA) framework.

The platform says the move was a strategic decision that underscores its dedication to enhancing regulatory compliance and European growth.

The company received a Virtual Financial Assets (VFA) Service Licence in Malta in December 2024.

"Malta’s proactive approach to fostering innovation among fintech and digital asset companies presents an ideal environment for Gemini to drive our European operations," a statement said.

"Compliance with MiCA regulations, which was implemented by EU lawmakers to standardise crypto regulations across member states, will allow us to continue to offer our secure and reliable services to customers in the EU, supporting the sustainable growth of a trusted crypto ecosystem in the region."

The announcement follows several senior hires in Europe, leading Gemini’s ambitious European growth plans. This includes Mark Jennings, Head of Europe, Daniel Slutzkin, Head of UK, and Claudio Bedino, Head of Consumer Growth in Europe.

Gemini’s 2024 State of Crypto report showed that 39% of non-crypto owners globally stated that a lack of regulatory clarity was a barrier for entry, suggesting that the rollout of comprehensive regulation like MiCA may boost crypto demand in the region.

“MiCA is a much needed regulatory development for the European crypto community," said Mark Jennings, Gemini’s Head of Europe.

"Our decision to establish Malta as our MiCA hub reflects our commitment to upholding regulatory standards, advancing innovation, and shaping the future of digital assets in Europe. We hope that it serves as a blueprint for crypto regulation globally.”