Gemini to leave UK, EU and Australia as it cuts 25% of staff and pivots to US growth

On Thursday, crypto exchange Gemini said it will exit the United Kingdom, European Union and Australian markets while cutting its workforce by 25%. The firm plans to concentrate on expanding in the United States and scaling its Gemini Predictions platform, which has attracted over 10,000 users and $24 million in trading volume since launching in December 2025.