Gemini Expands to France as Trust in Crypto Grows

Paris, France — Gemini, the renowned global crypto and Web3 platform, has officially launched in France, marking a significant milestone in its European expansion. After gaining registration as a Virtual Asset Service Provider (VASP) earlier this year, Gemini is now entering one of Europe’s most dynamic crypto markets, capitalizing on the country’s thriving Web3 ecosystem and increasing trust in digital assets.

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A Gateway for French Crypto Users

French users can now access Gemini’s secure platform to trade, deposit, and store over 70 digital assets. The platform integrates seamlessly with local payment systems, offering EUR and GBP transactions through debit cards, bank transfers, and Apple Pay. Advanced traders can take advantage of ActiveTrader™, which delivers robust tools and over 80 trading pairs. Institutional clients are supported through Gemini’s OTC desk and eOTC trading system, designed for executing large orders with deep liquidity and competitive pricing.

France’s growing role as a crypto hub has made it a prime market for Gemini’s expansion. The country’s forward-thinking regulatory framework and support for blockchain innovation align with Gemini’s mission to make crypto accessible to everyone.

Gillian Lynch, Gemini’s CEO for the UK and Europe, shared the company’s vision for the French market:
“We believe in empowering individuals through crypto, and our expansion into France marks a significant milestone in our mission to make crypto accessible to everyone. France’s growing interest in digital assets and its robust regulatory framework create a unique opportunity to introduce our platform to a dynamic trading community.”

Gillian Lynch, Gemini’s CEO for the UK and Europe
France’s Crypto Landscape on the Rise

France has emerged as one of the most pro-crypto countries globally, with notable increases in adoption and trust. Findings from Gemini’s 2024 Global State of Crypto Report reveal:

Crypto ownership is climbing: 18% of respondents in France own cryptocurrency, a 2% increase since 2022, demonstrating resilience after the crypto winter.
Trust is higher in France: 23% of respondents expressed trust in crypto, surpassing levels reported in the US (21%) and UK (19%).
Long-term vision: A majority (62%) of French crypto owners view digital assets as long-term investments, with nearly half (46%) entering the market 3–5 years ago.
Re-entry potential: Nearly half (49%) of former crypto owners in France plan to rejoin the market within the next year.

France’s leadership in establishing clear regulations has played a pivotal role in fostering crypto adoption. The introduction of the VASP regime and the EU’s Markets in Crypto Assets Regulation (MiCA) has alleviated consumer concerns about the industry. Regulatory worries among non-owners and former owners have dropped from 37% in 2022 to 32% in 2024.

Security and Accessibility as Key Drivers

The report also highlights security as a top priority, with 43% of respondents stating that strong fraud prevention measures would enhance their trust in the sector. Gemini’s reputation for regulatory compliance and secure infrastructure aligns well with these consumer expectations.

France boasts one of the most balanced gender distributions in crypto globally, with 35% of owners being women. While this represents a 10% decline since 2022, women accounted for a larger proportion of recent entrants to the market—34% compared to 17% of men in the past year—highlighting the growing appeal of crypto among female investors.

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About Gemini

Founded in 2014 by Cameron and Tyler Winklevoss, Gemini is a global crypto and Web3 platform that operates in over 70 countries. Known for its simple, secure, and regulated approach to digital assets, Gemini offers a wide range of services for individuals and institutions. From empowering personal financial freedom to unlocking innovative blockchain solutions, Gemini is dedicated to advancing the crypto revolution.