[Gemini Obtains CFTC Derivatives Clearing Organization License] According to The Block, Gemini's Olympus division has been granted a Derivatives Clearing Organization (DCO) license by the U.S. CFTC, enabling it to internally handle settlement, risk management, and collateral management. Combined with its previously acquired Designated Contract Market (DCM) license, Gemini now possesses full-stack compliance capabilities for futures and options businesses and has applied for a Futures Commission Merchant (FCM) license to compete with Kraken and Coinbase.