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Gemini Sells UK and European Operations to KAST for Under $10 Million

November 12, 2026, 9:07 AM UTC (4 hours ago) · 1 source · Summarized by CryptoBipto

Cryptocurrency exchange Gemini has sold its United Kingdom and European operations to KAST, a stablecoin payments company, for a reported price of under $10 million. The deal marks Gemini's exit from these markets as it shifts focus elsewhere.

WHY IT MATTERS

When a crypto exchange sells part of its business, it affects the people who use that platform in those regions.

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SOURCES

coindesk.com

GeminiCrypto Exchange AcquisitionsEuropean Crypto RegulationStablecoinsUK Crypto Market

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