Gemini
Coinbase and Gemini are broadening their product suites to include stocks, payments, prediction markets and stablecoins as they seek steadier, diversified revenue. The moves reflect a push to reduce reliance on trading fees and better serve mainstream users.
Gemini Trust and the parent company of Crypto.com contributed a combined $21 million to a pro-Trump PAC in September and October, ahead of the U.S. midterm elections. The moves mark a notable instance of major crypto firms engaging in high‑stakes political spending.
Philippine regulators have blocked access to Coinbase and Gemini as part of a crackdown requiring global crypto platforms to obtain local licenses. The move risks service disruptions for users and signals tougher enforcement on foreign exchanges.
Gemini Predictions is now live in all 50 U.S. states after the CFTC approved Gemini to operate as a Designated Contract Market, opening regulated event-based trading to American users. The move marks a notable regulatory milestone for crypto derivatives-style products.
Chief executives from firms including Gemini and Kraken will take part in the CFTC Innovation Council’s upcoming public discussions to provide industry perspective on rulemaking. Their involvement signals a move toward greater industry-regulator dialogue on crypto market standards.
Gemini announced it has received Commodity Futures Trading Commission approval to operate prediction markets for U.S. customers, marking a regulatory milestone for event-based trading. The clearance could broaden retail access to structured betting on future events under federal oversight.
Gemini's cryptic post highlighting the letters X, R, P, and L reignited speculation that the exchange may list XRP despite no formal announcement. The teaser arrived amid a week of other XRPL-related signals from industry players.
Gemini posted its most profitable quarter ever, generating $8.5 million driven largely by strong engagement with its XRP credit card product. The card has become a primary growth engine for the exchange.
Gemini Space Station (GEMI) reported a wider third‑quarter loss than analysts expected in its first earnings release as a public company, prompting a selloff in shares. The report raises questions about revenue mix, costs and competitive pressure in the evolving crypto market.
At Swell NYC, Ripple announced a partnership with MasterCard and Gemini to expand access and utility for its USD stablecoin, RLUSD, signaling a push toward mainstream payments and on‑ramp liquidity for XRP holders.