Gemini secures Derivatives Clearing Organization license as it works toward full CFTC stack
Gemini secures Derivatives Clearing Organization license as it works toward full CFTC stack
Gemini’s Olympus unit received a key DCO license from the CFTC, enabling it to act as an in-house clearinghouse for regulated derivatives trading, including prediction markets.Only a handful of crypto firms have both DCM and DCO licenses, with rivals Kraken and Coinbase in the process of acquiring already-licensed operators.