The exit and downsizing occur amid a broader crypto downturn and regulatory uncertainty, echoing debates around frameworks like CLARITY.

Gemini, a cryptocurrency exchange, will reduce its workforce by 25% and exit operations in the United Kingdom, the European Union, and Australia, redirecting focus to the United States and new market opportunities.

The restructuring reflects a strategic shift toward the U.S. market, with the company aiming to streamline operations and concentrate on core revenue channels.

Experts frame the move as part of crypto markets maturing toward regulation and sustainable operations, potentially creating a split between globally compliant exchanges and regionally focused platforms.

Regulatory history, including an SEC case tied to Earn that was dismissed, provides context but no new legal outcomes are cited in this report.

The timing of the story is February 5, with multiple updates across crypto outlets on that day.

FAQs note immediate actions for users, typical withdrawal windows of 60–90 days, and potential future re-entry considerations, with alternatives through regulated exchanges.

Market data show Polymarket and Kalshi leading in 24-hour volume among prediction markets, illustrating sector dynamics.

The move signals a deliberate emphasis on regulatory and market conditions more favorable in the United States.

Gemini cites its blog post 'Gemini 2.0: A Bridge to the Future of Money and Markets' as the official rationale for the shift.

The withdrawal reflects broader trends toward regulatory clarity and market specialization, with continued asset protection for users.

Management attributes overseas challenges to difficulty winning business abroad, reinforcing the geographic refocus.