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Gemini Reports $159.5M Q3 Loss as IPO Costs Drive Expenses Higher


The U.S. cryptocurrency exchange Gemini reported a net loss of $159.5 million in the third quarter, primarily driven by a surge in operating expenses. Revenue Growth and Diversification Efforts U.S. cryptocurrency exchange Gemini posted a net loss of $159.5 million in the third quarter of this year...

Italy Banks Back Digital Euro CBDC, Seek Staggered Implementation Costs


The Italian Banking Association supports a digital-euro central bank digital currency (CBDC) while urging that investment costs be spread over time. Italian banks, led by the Italian Banking Association (ABI), say they support the European Central Bank’s (ECB) digital euro project, ABI General...

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