Mark Jennings, Gemini’s head of Europe, stated that the MiFID II license enables the exchange to offer perpetual futures and other crypto derivatives to advanced users across the EU and EEA, pending fulfilment of technical and operational conditions

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The license from Malta Financial Services Authority (MFSA) will enable the company to offer perpetual futures and other derivatives across the European Union's 27 nations plus Iceland, Liechtenstein and Norway, once the required conditions are met, Gemini said Friday.

With the license, the exchange can begin offering select derivatives, including perpetual futures, to advanced users.

Gemini’s upcoming derivatives offering in the EU and EEA will include perpetual futures and other derivatives, which will be available to advanced users of Gemini, Jennings noted.