Gemini, the cryptocurrency exchange, has secured approval from the French markets regulator, Autorité des marchés financiers, to operate as a digital asset services provider (DASP). This registration marks Gemini as the 105th company to receive approval from the French regulatory authority. The move expands Gemini’s operational footprint to “over a dozen” European jurisdictions, with services set to launch in France within weeks.

Gemini’s entry into the French market will offer access to a diverse range of services, including trading over 70 cryptocurrencies for both institutional and retail investors. Institutional traders will also benefit from Gemini’s electronic over-the-counter (eOTC) trading platform.

Gillian Lynch, Head of the European Union and Ireland at Gemini, expressed excitement about providing French customers with compliant and secure access to the evolving landscape of financial services. Gemini’s approval aligns with France’s reputation as a global innovation leader with a thriving crypto community, as exemplified by the success of events like Paris Blockchain Week, according to Lynch.

This regulatory green light comes on the heels of reports in December indicating that Autorité des marchés financiers simultaneously granted registration to Gemini and another crypto exchange, OKX PSAN (DASP). As Gemini prepares to debut in France, it reinforces the company’s commitment to expanding its global presence and contributing to the growth of the crypto ecosystem.