Gemini Sells UK and European Operations to KAST for Under $10 Million
Gemini sells UK and European operations to stablecoin payments company KAST for less than $10 million, marking another step in the cryptocurrency exchange’s retreat from international markets. The transaction gives Singapore-based KAST a chance to expand its presence in two important regulated markets without acquiring Gemini’s broader business. The sale follows Gemini’s decision earlier this […]
Key Takeaways
- Gemini sells UK and European operations to stablecoin payments company KAST for less than $10 million, marking another step in the cryptocurrency exchange’s retreat from international markets.
- The transaction gives Singapore-based KAST a chance to expand its presence in two important regulated markets without acquiring Gemini’s broader business.
- The sale follows Gemini’s decision earlier this […]
Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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