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Gemini’s market share declines as regulatory, financial challenges mount

By Monika Ghosh at 2025-03-17 00:39

Sentiment: Negative

Gemini is fighting to reverse its market share decline amid regulatory and financial challenges. The exchange’s troubles became apparent in November 2022 when its Earn Program partner, the now-bankrupt Genesis, failed to pay $765 million owed. As a result, on Jan. 10, Gemini announced discontinuing the Program. Soon after, the U.S. Securities and Exchange Commission […] The post Gemini’s market share declines as regulatory, financial challenges mount appeared first on CryptoSlate. Continue reading...

Categories: Exchanges

Tags: #Exchanges

Source CryptoSlate