Crypto M - Crypto News

🚀 Gemini's Europe and U.K. Operations Attract Interest Amid Workforce Cuts Potential buyers are assessing parts of Gemini's closed Europe and U.K. business following the exchange's decision to reduce its global workforce by 25% in February. According to NS3.AI, some interested parties are seeking the regional operations for their regulatory advantages, rather than a complete acquisition of the Nasdaq-listed company. A person with direct knowledge indicated that any transaction would still be subject to change-of-control scrutiny under MiCA and FCA regulations. Currently, Gemini's shares are trading at approximately $4.36, marking a decline of over 80% from its initial public offering price. #Gemini#Europe#UK#WorkforceCuts#Nasdaq#MiCA#FCA#RegulatoryAdvantages#Acquisition#Shares#NS3AI#BusinessTransaction