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The New York-based cryptocurrency exchange Gemini has revealed that it has been granted a Digital Asset Service Provider (DASP) registration by France's financial regulator. This development allows the exchange to extend its operations to more than a dozen countries throughout the European Union (EU).
With the DASP registration, awarded by l’Autorité des Marchés Financiers (AMF), Gemini is poised to offer its products to both institutional and retail users in France within the next few weeks, according to an article on Gemini's website. Once fully operational in France, users will have the ability to trade over 70 digital assets via Gemini's website and app. Institutional users will also gain access to Gemini eOTC, the platform's automated over-the-counter trading solution.
Gillian Lynch, Gemini’s Head of Ireland and EU, expressed her enthusiasm about this development in a statement featured in the article. "We are delighted to welcome customers based in France onto the Gemini platform in the coming weeks as we further expand access to crypto across Europe," said Lynch. "France is a global innovation leader and has a vibrant crypto community as showcased by the success of Paris Blockchain Week. We are excited to soon be able to provide French customers with compliant and secure access to the future of finance as we continue on our mission to unlock the next era of financial, creative, and personal freedom."
