A potential resolution could soon arrive in the long -standing trial between the American Securities and Exchange commission (SEC) and the Gemini on the guarantee of the Crypto company.
The two submitted a joint request to the American district court in the South District of New York on Tuesday to examine a 60 -day break in the case because they consider a potential resolution.
Gemini was continued by the SEC in January 2023, alongside the lender Genesis Global Capital, alleging that their product Gemini Gage has constituted an offer of unregistered securities. In March 2024, Genesis finalized a regulation of $ 21 million with its role in the program, resolving its side of the case.
Since President Donald Trump returned to the post and appointed Mark Uyeda as the president of the acting dry, the regulator has interrupted or deposited a dozen application measures linked to the crypto, citing a re -evaluation of the way in which the laws on securities apply to digital assets.
