Summary
Gemini, the crypto exchange founded by the Winklevoss twins, has received approval from the French markets regulator to launch its services in France. The platform will offer access to 70 cryptocurrencies and various trading tools for retail and institutional customers. Gemini’s move into the French market comes as the exchange experiences consistent monthly trading volume increases. Other crypto firms, such as Circle, are also eyeing the French market.
Key Points
1. Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, is planning to launch a platform for French users. The company has obtained approval as a virtual asset services provider from the French markets regulator Autorite des marches financiers.
2. The platform will offer services to retail and institutional customers in France, providing access to 70 cryptocurrencies and Gemini’s website, mobile app, Gemini eOTC, and the ActiveTrader platform.
3. Gemini’s entry into the French market comes as the exchange experiences consistent monthly trading volume increases, with $1.58 billion in spot trading volume in December 2023, representing a 26.4% increase compared to the previous month.