Cryptocurrency exchange Gemini has completed the sale of its inactive British and European operations to the Singapore-based payments firm KAST.
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Cryptocurrency exchange Gemini has completed the sale of its inactive British and European operations to the Singapore-based payments firm KAST.
Bitcoin Magazine Crypto Exchange Gemini Sells U.K. and EU Units to KAST for Under $10 Million A person familiar with the matter said Gemini sold its already shuttered U.K. and European operations to Singapore payments firm KAST for less than $10 million, hours before the exchange reports third-quarter results. 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.
Bitcoin Magazine reported the story as "Crypto Exchange Gemini Sells U.K. and EU Units to KAST for Under $10 Million."
2 sources have covered this story, including Bitcoin Magazine and Bitcoinist. The earliest reporting in the cluster landed about 8 hours ago.
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Left 0Center 2Right 0No left or right outlets yet.
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Who carried it, in order
- FirstBitcoinistNov 12, 10:35 AM ET · United StatesCenter
- +32mBitcoin MagazineNov 12, 11:07 AM ET · United StatesCenter
Claim ledger
[01] VerifiedCore event reported by 2 independent outlets across the spectrum.
[02] DisputedKey facts present in mainstream desks; corroboration thin from wires.