Overview
- Accounts in the U.K., EU and Australia will enter withdrawal-only status on March 5, 2026, before full closures on April 6.
- Gemini warns customers to close perpetual positions before March 5 to avoid forced liquidations and notes seven-day address approvals and EU wallet attestations may delay withdrawals.
- To ease offboarding, Gemini is partnering with eToro for asset transfers in affected regions as deposits and new accounts are halted.
- An SEC filing projects roughly $11 million in pre-tax restructuring charges, mostly in Q1, with the wind-down targeted for completion in the first half of 2026 while operations continue in the U.S. and Singapore.
- Gemini will shut its Nifty Gateway marketplace on Feb. 23 and is shifting investment to AI-augmented teams and its Predictions platform, which has processed over $24 million in volume since December.