France's financial regulator, the Autorité des marchés financiers, has granted crypto exchange Gemini, owned by the Winklevoss brothers, approval to operate in the country as a digital asset service provider (DASP).
Gemini, which currently operates in more than a dozen jurisdictions in Europe, will begin offering its services in the country in the coming weeks.
Institutional and retail traders will be able to trade around 70 cryptocurrencies, while the former will also have access to electronic over-the-counter trading on Gemini eOTC.
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Gillian Lynch, Gemini's director for Ireland and the EU, said:
"We are delighted to welcome customers based in France onto the Gemini platform in the coming weeks as we further expand access to crypto across Europe. France is a global innovation leader and has a vibrant crypto community."
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In order to obtain a local license, companies must be "established in France." Gemini, which is headquartered in the United States, opened its European office in Ireland in May.