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Gemini Secures Approval to Operate in France as a Digital Asset Services Provider

Cryptocurrency exchange Gemini has received approval to operate as a digital asset services provider (DASP) in France, adding to its presence in over a dozen European jurisdictions. The approval from the Autorité des marchés financiers (AMF) brings Gemini’s total number of registrants to 105. The exchange plans to roll out its services in France in the coming weeks, providing access to more than 70 cryptocurrencies for institutional and retail traders. Institutional traders will also have access to Gemini’s electronic over-the-counter trading platform. The head of the European Union and Ireland at Gemini, Gillian Lynch, expressed excitement about offering French customers compliant and secure access to the evolving financial landscape. Gemini, currently facing legal challenges in the United States, opened its European office in Ireland in May. (Source: Cointelegraph)