Tagged: gemini

Federal Judge Rejects Gemini and CFTC Joint Bid to Vacate $5 Million Settlement

US District Judge Alvin K. Hellerstein of the Southern District of New York (SDNY denied a joint motion by the Commodity Futures Trading Commission (CFTC) and Gemini Trust Company LLC seeking to vacate a consent order entered on January 6, 2025. The order resolved a 2022… Read More

Winklevoss Group Files for Spot Zcash ETF, Suggesting WINK Ticker Symbol

Cameron and Tyler Winklevoss’s newly formed asset management vehicle has asked US regulators for permission to list a fund that would hold the privacy coin Zcash outright, proposing a sponsor charge far below the fee already collected by the only live US product of its… Read More

CFTC Proposes Updated Crypto Rules Aiming to Support Innovation, Protect Investors; Advocacy Group BetterMarkets Slams It Anyway

Yesterday, the Commodity Futures Trading Commission (CFTC) issued proposed rules aiming to support digital asset innovation while protecting investors. Crypto proponents view the digital asset sector as key to the US maintaining its global leadership in financial services. Multiple jurisdictions worldwide have begun or already… Read More

Gemini Space Station’s ($GEMI) Stock Slide Revives Takeover Questions as Coinbase, Kraken Pull Ahead

Shares of Gemini Space Station (NASDAQ: GEMI) have lost most of the value they carried at the company’s public debut, and that slide has revived a familiar question among crypto industry professionals: whether the platform could become a takeover candidate if its core exchange does… Read More

Coinbase Shares Crater Over 10% Following Vote on the CLARITY Act

Yesterday, Coinbase (NASDAQ:COIN) shares rallied. Today, the story is quite different, as shares of Coinbase are now down by over 10% following the disappointing vote on the CLARITY Act. While the vote was always expected to be close, in the end, supporters couldn’t even break the 50-vote… Read More

Investment Platform Gemini Strengthens Singapore Operations with Full Major Payment Institution License

Digital asset exchange Gemini (NASDAQ:GEMI) has completed a long-running regulatory process in Singapore, and its local subsidiary now holds a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The approval, announced by the company in early September 2026, authorizes Gemini Digital Payments Singapore Pte. Ltd…. Read More

Gemini Space Station ($GEMI) Stock Drops following $108M Quarterly Loss Report

Shares of Gemini Space Station (NASDAQ: GEMI), the platform founded by Cameron and Tyler Winklevoss, slipped over 7% following the release of results for the quarter ended June 30, 2026. The digital assets focused company, which now also offers stocks trading, posted a net loss… Read More

Investment Platform Gemini Introduces AI enabled Command Center for Enhanced Predictions Trading

Investment platform Gemini (NASDAQ:GEMI) has rolled out a new feature designed to help users stay ahead of digital assets market shifts rather than passively responding to them. The cryptocurrency exchange has introduced Command Center—an innovative intelligence hub that harnesses advanced AI capabilities from SpaceXAI to enhance… Read More

CFTC Switches Sides in Legal Battle with Gemini

The Commodity Futures Trading Commission (CFTC) has pulled a 180 regarding an enforcement action filed against Gemini Spaceship (NASDAQ:GEMI). In a statement yesterday, the CFTC explained that it had joined Gemini Trust Company in a motion for relief from judgment in CFTC v. Gemini Trust… Read More

Coinbase, Kraken, Gemini Asked Senate to Drop Crypto Token Listing Restrictions

Cryptocurrency platforms Coinbase (NASDAQ:COIN), Kraken (operating under parent company Payward), and Gemini (NASDAQ:GEMI) have urged Senate lawmakers to eliminate a specific clause from a comprehensive digital asset market structure bill. The provision in question would have restricted trading platforms from offering certain tokens deemed potentially… Read More

Gemini Shares Rise Following Earnings Report, $100 Million Investment

Gemini Space Station (NASDAQ:GEMI) shared Q1 earnings yesterday, reporting a revenue increase of 42% year over year while stating that the Winklevoss Capital Fund had committed $100 million to the crypto firm. Gemini was founded by the Winkelvoss brothers, who took the firm public last… Read More

DeFi and TradFi Platforms Continue to Converge in 2026, Democratizing Access to Finance

The traditional financial or TradFi ecosystem is meaningfully converging with DeFi technologies in 2026. A wide range of new products, including US dollar-backed stablecoins, bitcoin, and crypto-backed lending services, digital currency cashbacks on credit card purchases, are now among just a few of the innovations that… Read More

These Four Public Companies are Seeing Share Price Rising Following the CLARITY Act Compromise on Stablecoin Yield

Earlier today, CI noted that Coinbase (NASDAQ:COIN) was experiencing a rise in its share price following news that a compromise had been reached on the crypto market infrastructure legislation, or the CLARITY Act, on stablecoin yield. Legacy banks were leery of allowing yield, or interest payments,… Read More

Gemini Secures CFTC Derivatives Clearing License, Strengthening Regulated Marketplace Offering

Digital assets firm Gemini (NASDAQ:GEMI) has reached a significant regulatory milestone by obtaining a Derivatives Clearing Organization (DCO) license from the U.S. Commodity Futures Trading Commission (CFTC). This approval enables the platform to operate as a clearinghouse for regulated derivatives trading, with a particular emphasis… Read More

Gemini Deploys AI Solutions to Streamline Operations as Crypto Exchange Navigates Challenging Business Environment

Digital asset exchange Gemini has introduced a new AI tool designed to revolutionize how it handles system alerts and engineering efficiency. Announced on April 20, 2026, the “First Responder” is an always-on AI agent that automatically investigates monitoring alerts, analyzes logs, reviews code, and determines… Read More

Coinbase, Gemini Targeted by NY Attorney General, Sues Platforms Claiming Illegal Gambling Operations

New York Attorney General Letitia James has sued both Coinbase (NASDAQ:COIN) and  Gemini (NASDAQ:GEMI), alleging the operation of illegal gambling platforms. The NY AG noted that both platforms enable prediction markets that allow users to bet on events such as sports and elections. The announcement said that… Read More

Digital Assets Firm Gemini Reports Wider-Than-Expected Losses but Business Growth Remains Steady

Digital assets exchange Gemini (NASDAQ: GEMI) has unveiled its most recent quarterly financial performance, revealing a complex picture of operational resilience amid ongoing sector headwinds. The results highlighted losses that surpassed analyst projections, underscoring the persistent pressures facing the crypto industry. At the same time,… Read More

Digital Assets Firm Gemini Faces Significant Challenges, Leading to UK and European Market Exit, Workforce Reductions

Gemini Space Station Inc. (NASDAQ: GEMI), the cryptocurrency exchange founded by twin brothers Cameron and Tyler Winklevoss, is navigating a turbulent period marked by strategic retreats, workforce reductions, and significant leadership changes. These developments have contributed to sharp declines in its publicly traded stock, which… Read More

Gemini Introduces Digital Assets Staking for New York Clients After UK, European Market Exit

In a move to significantly streamline operations, cryptocurrency exchange Gemini (NASDAQ:GEMI) has announced its withdrawal from several international markets, including the United Kingdom, European Union, and Australia. This decision, aimed at cutting costs and simplifying its global footprint, comes as the firm redirects its efforts… Read More

Skynet Becomes Self Aware? Review of Artificial Intelligence (AI) Safety Incidents Raises Concerns

In the Terminator film series, Skynet was the malevolent manifestation of artificial intelligence (AI) that became self-aware and then promptly sought to eliminate the human race. While the movie was a huge hit, the reality could be just as disconcerting as the world rushes to benefit from… Read More

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