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Crypto Exchange Gemini Expands EU Offering With Staking, Perpetuals

Gemini, the crypto exchange backed by Tyler and Cameron Winklevoss, has launched ether (ETH) and solana (SOL) staking, along with perpetual futures contracts, for customers in the European Union, the company said in a press release Friday.The rollout follows the company’s recent approval under the EU’s Markets in Crypto-Assets Regulation (MiCA).Gemini Staking allows users to earn rewards on ether and solana with no minimum amount required. Rewards are variable for ETH and up to 6% for SOL, the company said.The new derivatives product, Gemini Perpetuals, offers contracts denominated in USDC, up to 100x leverage, and no expiry date. It will operate under Gemini’s MiFID II license.The expansion comes after Gemini transitioned to a new Malta-based entity to comply with MiCA.…

Source: CoinDesk — Read the full article
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