Gemini launches in France with crypto services

Gemini has launched its cryptocurrency trading platform in France, tapping into the nation’s growing interest in digital assets and its supportive regulatory environment. The expansion follows Gemini’s registration as a Virtual Asset Service Provider earlier this year, enabling French users to trade or store over 70 digital assets via its web and mobile platforms.

The platform supports funding through local payment methods, including debit cards, bank transfers, and Apple Pay, with transactions available in both Euros and British Pounds. Institutional investors can also benefit from Gemini’s advanced ActiveTrader™ platform and over-the-counter trading services, offering deep liquidity and competitive pricing.

France has positioned itself as a leader in the global crypto market, driven by a robust regulatory framework and rising adoption rates. According to Gemini’s 2024 Global State of Crypto report, 18% of French citizens now own digital assets, with nearly half of past owners planning to re-enter the market within a year. Women represent 35% of French crypto owners, one of the highest percentages globally.

This move marks another milestone for Gemini, which recently secured in-principle approval for a Major Payment Institution license from Singapore’s Monetary Authority. The firm aims to leverage France’s trust in digital assets and expand its presence in the European market over the coming months.