**Summary:**

Gemini, a US-based cryptocurrency exchange, has received the Digital Asset Service Provider (DASP) registration from the French financial markets regulator, l’Autorité des Marchés Financiers (AMF). This registration allows Gemini to provide cryptocurrency services and products to customers in France. The exchange is set to introduce its offerings to retail and institutional customers in the country in the upcoming weeks. This development comes as the crypto industry prepares for the implementation of the Markets in Crypto-Assets (MiCA) regulation in the European Union.

**Gemini’s Expansion in France:**

Gemini’s registration as a DASP in France marks a significant step for the exchange, following the establishment of its European headquarters in Ireland in 2022. With this milestone, Gemini aims to extend its compliant and secure crypto products and services to the French market. Gillian Lynch, Gemini’s Head of Ireland and EU, expressed enthusiasm about providing French customers with access to the future of finance while emphasizing the company’s commitment to advancing financial, creative, and personal freedom.

**Crypto Exchanges and Regulation in France:**

Gemini joins Coinbase and OKX in seeking regulatory approval in France. Coinbase had previously secured a Virtual Assets Service Provider (VASP) license from the French regulator in December, while OKX disclosed its application for regulatory approval in May 2023. These efforts align with the impending implementation of the MiCA regulation, which aims to enhance compliance requirements, particularly in the areas of anti-money laundering (AML), consumer protection, and innovation within the crypto industry in the EU.

**FAQ:**
1. **What is the significance of Gemini’s DASP registration in France?**
Gemini’s DASP registration enables the exchange to offer its cryptocurrency services and products to customers in France, further expanding its global presence.

2. **How does the MiCA regulation impact the crypto industry in the EU?**
The MiCA regulation introduces comprehensive rules for the cryptocurrency sector, focusing on compliance with anti-money laundering requirements, consumer protection, and fostering innovation.

3. **What are the implications of Gemini’s expansion for the French crypto market?**
Gemini’s expansion signifies increased accessibility to compliant and secure cryptocurrency services for retail and institutional customers in France.

4. **How does regulatory approval benefit crypto exchanges operating in France?**
Regulatory approval validates the adherence of crypto exchanges to compliance requirements, ensuring a more secure environment for cryptocurrency transactions and bolstering consumer trust.

Source: [CoinJournal](https://coinjournal.net/gemini-secures-crypto-registration-in-france)