Gemini reportedly sells UK and European operations to KAST for under $10m
CRYPTO NEWSGeminicoinbrief/daily · 1 source
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What happened
The company behind the Gemini crypto exchange has reportedly sold its operations in the UK and Europe to a Singapore-based firm called KAST. The sale was reported by an anonymous source, and the price was said to be under $10 million. Gemini had already said it was leaving those markets as part of cost cutting.
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What to do
- Check whether you use Gemini's UK or European services, since the exchange announced its withdrawal from those markets last February.
- Watch for official confirmation of the sale from Gemini or KAST, as the reports so far rely on an anonymous source.
Written by AI from the sources, checked against them
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Who reported · 1 outlet
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