JPMorgan will cut ties with crypto exchange Gemini - report

  • CoinDesk report

JPMorgan is ending its banking relationship with Gemini, according to Coindesk.

It's been a series of disasters for Gemini since it launched the Earn yield farming product with Genesis and Digital Currency Group. The lawsuits around it are a headwind for the company, which has been cutting headcount.

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Update: Gemini says its banking relationship with JPM remains intact.

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