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France approved Gemini as a Virtual Asset Service Provider (VASP).
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It is the first step in a broader effort to grow exchange across the European market.
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The move comes amid regulatory scrutiny in the US, spurring crypto to look for opportunities abroad.
Major American cryptocurrency exchange Gemini continues pushing into the European Union, securing regulatory approval this month to launch operations in France.
The green light from French financial regulator Autorité des Marchés Financiers (AMF) lets Gemini offer retail and institutional crypto trading services in the coming weeks.
Approval as a certified VASP signifies a crucial milestone in Gemini’s wider EU growth strategy beyond its current regional headquarters in Ireland.
Navigating the Regulatory Landscape
The US-based exchange emphasized that authorization is vital for its ongoing European expansion plans.
“This approval allows us to bring Gemini’s simple, reliable,
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