France - The New Crypto Eldorado? Gemini Is Making A Grand Entrance

The famous American platform Gemini, founded by the Winklevoss twins, has officially established itself in France. With a clear regulatory framework and growing interest in digital assets, the French market appears tailor-made for this arrival. But what does Gemini really bring to French investors, and why is this launch strategic? Let’s explore this new crypto adventure.

A strategic arrival in a booming market

After a long wait, Gemini, the American crypto exchange platform founded by the famous Winklevoss brothers, has landed in France.

This launch, officially announced on November 19, marks a decisive step for the platform, which had obtained its registration with the DASP (digital asset service provider) as early as last January.

Why France? Besides its undeniable charm, the country has established itself as fertile ground for cryptocurrencies. According to a study conducted by Gemini, the number of crypto users there jumped by 2% in just two years. A modest figure, but it hides a deeper trend: the appetite of the French for innovative financial solutions.

Gemini aims to ride this wave by offering a platform tailored to local needs. Deposits in euros, bank transfers, and integration with tools like Apple Pay are among the new features introduced to attract France. But that’s not all: over 70 digital assets are available, which should satisfy both casual users and seasoned investors.

Gemini and France: a promising synergy

It is no coincidence that Gemini chose this moment for its entry into the French market. As the European regulatory framework, with the MiCA regulation, becomes clearer, France stands out for its proactive approach. This favorable context offers Gemini an ideal platform to establish its presence in Europe.

Gillian Lynch, Gemini’s head for Europe, does not hide her ambitions:

We have optimized our product to meet the expectations of the French, while respecting the strictest regulatory standards.

This approach reflects Gemini’s desire to be much more than just another player in the market.

Beyond individuals, Gemini also targets institutions. With its eOTC (over-the-counter) trading system, the platform meets a growing demand for high liquidity transactions. A strategy that could well make Gemini an indispensable partner for French institutional investors.

With a solid regulatory framework, a growing user base, and a targeted approach, Gemini’s future in France looks promising. It remains to be seen whether the platform can turn this trial into lasting success. One thing is certain: the gamble is bold, and French investors will be front and center. In the meantime, Solana loses $6.88 billion.