Gemini and Coinbase are nearing EU licenses under MiCA for operations across 27 countries. Gemini is set for Malta’s approval while Coinbase awaits Luxembourg’s decision. These developments signal crucial regulatory clarity necessary for expanding institutional engagement in the crypto market.
Stakeholders stress the importance of consistent regulatory applications throughout the EU. While there are no public comments from Gemini’s founders or Coinbase’s Brian Armstrong, previous advocacy for regulatory clarity remains relevant as both companies aim to enhance their services.
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