Crypto exchange Gemini is exiting the UK, EU, and Australian markets and closing accounts by early April, citing low demand and high operating costs. The company will reduce its staff by 25% and pivot its focus toward AI-driven prediction markets and the U.S. crypto market. The strategic shift follows Gemini's recent acquisition of a CFTC license to operate prediction markets and the closure of its NFT platform, Nifty Gateway.

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