Vivold Consulting

Gemini's European Expansion: Malta's MiCA License Secured

Gemini, la plataforma cripto de los hermanos Winklevoss, obtiene la licencia MiCA en Malta

Key Insights

Gemini secures MiCA license in Malta, enabling operations across Europe. This follows their MiFID II license in May, allowing derivative products. New offerings include tokenized stocks, with plans for more retail and institutional products.

Stay Updated

Get the latest insights delivered to your inbox

Gemini, the cryptocurrency platform founded by the Winklevoss twins, has achieved a significant milestone by obtaining the MiCA license in Malta, granting them the ability to operate throughout Europe. This development comes on the heels of their MiFID II license acquisition in May, which permitted the offering of derivative products. With these regulatory approvals, Gemini has introduced services such as tokenized stocks and is planning to expand its product suite to cater to both retail and institutional clients. Malta's regulatory environment, despite facing criticism from the ESMA for alleged leniency, continues to attract major crypto firms like OKX and Crypto.com. In the U.S., Gemini has navigated regulatory challenges, including a withdrawn SEC lawsuit and a $5 million settlement with the CFTC. The Winklevoss twins have also strengthened ties with the Trump administration, making significant donations to support pro-crypto policies.

Related Articles

Google's chief scientist walks: Jeff Dean leaves after 27 years, taking three legends with him

Jeff Dean, Google's chief scientist and 30th employee, is leaving after 27 years to found Discovery Loop, a public benefit corporation using AI to automate scientific research - taking co-founders Sanjay Ghemawat, Quoc Le (Google Brain), and Oriol Vinyals (DeepMind) with him. Google is a founding investor and cloud partner, supplying compute for at least the first year, with Radical Ventures and Khosla Ventures co-leading the seed. In the same announcement, Demis Hassabis steps down as DeepMind CEO to become chairman and Alphabet chief scientist, with Koray Kavukcuoglu taking over Gemini model development. Alphabet stock fell about 4%.

Texas slams the brakes on data centres - and the AI buildout's easiest frontier just closed

Governor Greg Abbott announced that all new Texas data-centre projects must be audited by the Public Utility Commission and grid operator ERCOT - a sharp turn for a state whose loose regulation and cheap power made it second only to Virginia for data centres. The trigger is a staggering queue: ERCOT's interconnection requests doubled from 233GW in January to 474GW, about 90% data centres, more than five times the grid's all-time peak demand. Audits will demand power and water use, noise mitigation, light controls, tax-incentive use, and ownership details - after a voluntary survey that most operators simply ignored.

Anthropic signs a $10B, six-year compute deal with a startup that didn't exist last year

Anthropic has reportedly signed a $10 billion, six-year compute deal with Volta, an AI cloud startup founded only earlier this year, per Bloomberg. Volta is partnering with crypto-mining firm Bitdeer to develop the data centre - located in Norway, delivering 133 megawatts, and running Nvidia's Vera Rubin architecture - and is a member of Nvidia's Cloud Partner programme. It caps an aggressive capacity spree that also includes recent compute deals with SpaceX and Amazon, as Anthropic races rivals for the scarcest input in the industry.