{"id":25719,"date":"2024-01-19T12:40:46","date_gmt":"2024-01-19T12:40:46","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/gemini-gains-digital-asset-service-provider-status-in-france\/"},"modified":"2024-01-19T12:40:46","modified_gmt":"2024-01-19T12:40:46","slug":"gemini-gains-digital-asset-service-provider-status-in-france","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/gemini-gains-digital-asset-service-provider-status-in-france\/","title":{"rendered":"Gemini Gains Digital Asset Service Provider Status in France"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
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The well-known cryptocurrency exchange Gemini has successfully registered with the French financial markets regulator Autorit\u00e9 des march\u00e9s financiers (AMF) as a digital asset service provider (DASP). This event follows Gemini\u2019s calculated decision to locate its EU headquarters in Ireland in 2022, which strengthened the company\u2019s position in more than a dozen EU countries and 70 other countries worldwide. Gemini also has ambitions to expand even further in the near future.<\/p>\n

With the DASP registration clearing the path for the immediate launch of its full range of cryptocurrency products in France, Gemini<\/a> has positioned itself to serve both institutional and retail consumers in that nation. Gemini\u2019s Head of EU and Ireland, Gillian Lynch\u00a0expressed enthusiasm about the expansion, stating, \u201cWe 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.\u201d<\/em><\/p>\n

EU\u2019s Regulatory Landscape and Gemini\u2019s Response<\/h2>\n

The registration goes hand in hand with the European Union\u2019s (EU) legislative initiatives to regulate the crypto-asset legal environment by putting the Markets in Crypto-Assets Regulation (MiCA) into effect. Adopted in April of the previous year, the purpose of this regulatory endeavor is to increase service providers\u2019 responsibility and provide customers more trust when it comes to using and investing in crypto-assets.<\/p>\n

In addition to addressing the accountability issue, MiCA\u2019s creation of a uniform regulatory framework throughout the EU promotes an environment that increases consumer trust in cryptocurrency-related operations. Additionally, the harmonization promotes a competitive and diversified market environment inside the EU by facilitating easy access to cross-border crypto services.<\/p>\n

Gemini\u2019s calculated actions, including setting up its EU headquarters and obtaining regulatory registrations, fit in with the way regulations are changing. Such aggressive actions establish Gemini as a major participant in the business, guaranteeing regulatory compliance while extending its worldwide reach, as the cryptocurrency market continues to evolve.<\/p>\n

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Gemini\u2019s French DASP registration paves the way for future growth and improved accessibility for its products throughout Europe. With a broad roadmap encompassing other nations, Gemini is still well-positioned to handle the shifting regulatory environment and give consumers a safe and legal platform on which to interact with cryptocurrencies.<\/p>\n<\/p><\/div>\n

Source link <\/a>
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(Originally posted on : Crypto News – iGaming.org ) The well-known cryptocurrency exchange Gemini has successfully registered with the French financial markets regulator Autorit\u00e9 des march\u00e9s financiers (AMF) as a digital asset service provider (DASP). This event follows Gemini\u2019s calculated decision to locate its EU headquarters in Ireland in 2022, which strengthened the company\u2019s position […]<\/p>\n","protected":false},"author":35,"featured_media":25720,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25719"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=25719"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25719\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/25720"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=25719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=25719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=25719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}