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Cryptocurrency exchange Gemini has obtained a French DASP licens

Date:2024-06-27 19:08:30 Channel:Wallet Read:

Gemini cryptocurrency exchange recently won the French DASP license, and this news has caused a stir in the industry. At the same time, its trading volume has also shown a trend of continuous growth, which has attracted great attention and heated discussions in the market. Let's take a deep look at the latest developments of Gemini exchange and the impact of this good news on the entire cryptocurrency industry.

As a highly anticipated digital asset trading platform, Gemini cryptocurrency exchange has recently successfully obtained the French DASP (Digital Asset Service Provider) license. This recognition will undoubtedly further consolidate its position in the world. The DASP license is an important certificate issued by the French financial regulator, representing a symbol of compliance, safety and reliability. The addition of this honor will give Gemini a broader development space in the European market and provide users with a safer and more legal digital asset trading environment.

As the news that Gemini cryptocurrency exchange has obtained the French DASP license spread, its trading volume has also continued to rise. Behind this phenomenon is the result of Gemini's continuous optimization in user experience, trading processes, asset types, etc. Users' trust in the Gemini platform continues to increase, and trading activities have also risen accordingly. Gemini's user base has gradually expanded, attracting more investors and traders to join, injecting more vitality and activity into the digital asset market.

The key to Gemini Exchange's ability to obtain the French DASP license is that it has always attached great importance to compliance. Gemini has always adhered to strict compliance standards, strictly abided by various regulatory regulations, and ensured the security of user assets and the transparency of transactions. This concept of compliance operation has not only won the recognition of regulators, but also won the trust of the majority of users. Gemini's success lies not only in technological innovation, but also in its adherence to and respect for compliance.

The rise of Gemini cryptocurrency exchange also represents the development and growth of the entire cryptocurrency industry. With the continuous maturity of blockchain technology and the continuous expansion of application scenarios, the cryptocurrency market is ushering in new development opportunities and challenges. Gemini's successful case has set an example for other digital asset trading platforms and also set higher compliance standards and service quality for the entire industry. The prosperity of the cryptocurrency market is inseparable from the leadership and norms of excellent exchanges, and Gemini is a leader in this field.

In the future development path, Gemini cryptocurrency exchange will continue to innovate and continuously improve its service system to provide users with a more convenient and secure trading experience. At the same time, Gemini will continue to uphold the concept of compliance operation, maintain close cooperation with regulators, and jointly promote the healthy development of the digital asset industry. I believe that with Gemini's efforts, the future of the cryptocurrency exchange industry will be brighter, bringing more investment opportunities and wealth growth space to users.

Gemini cryptocurrency exchange has obtained the French DASP license, and the trading volume continues to rise. This series of good news will undoubtedly inject new vitality and momentum into the digital asset market. As Gemini continues to grow, I believe that the future of the cryptocurrency market will be more brilliant, bringing more opportunities and gains to investors. Let us look forward to a better tomorrow for Gemini and the entire cryptocurrency industry!

The four most famous international exchanges:

Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
Binance International Line OKX International Line Gate.io International Line Huobi International Line
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.


Coin Circle (120BtC.COM): Gemini, founded by twin brothers Cameron and Tyler Winklevoss, has been approved by the French market regulator to become a virtual asset service provider (DASP) and is preparing to launch retail and institutional services in France within weeks.

According to Gemini's announcement, Gemini has registered as a digital asset service provider (DASP) with the French financial market regulator l'Autorité des Marchés Financiers (AMF). After setting up its EU headquarters in Ireland in 2022, Gemini currently operates in more than a dozen EU countries and more than 70 countries around the world, and is planning development in more countries.

Gemini products will be available to retail and institutional users across France in the coming weeks. Once launched in France, customers there will be able to seamlessly trade more than 70 cryptocurrencies on the Gemini website and APP.

According to The
Block, Gemini's spot trading volume in December 2023 was US$1.58 billion, up 26.4% from the previous month. Although only half of January this year has passed, the trading volume is also US$1.31 billion. Benefiting from the listing of Bitcoin spot ETF, Arthur Hayes, founder of BitMEX, one of the exchanges of CMECF benchmark of CME, also said: "In order to reduce the price difference, traders will trade directly on these exchanges." It will help Gemini's trading business. In addition, stablecoin issuer Circle also obtained conditional registration of French Digital Asset Service Provider (DASP) last month, and will start business after the approval of the payment service provider (PSP) license to strengthen European compliance development.

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