SEC dismisses civil action against Gemini with prejudice

The U.S. Securities and Exchange Commission (SEC) has dismissed its civil action against cryptocurrency exchange Gemini with prejudice, meaning the case cannot be refiled. The SEC initially charged Gemini in January 2023 for allegedly offering unregistered securities through its Earn program. The dismissal comes as part of a settlement agreement between the SEC and Gemini, which includes a commitment from Gemini to enhance its compliance measures. This decision is seen as a significant development in the regulatory landscape for cryptocurrency exchanges.

Read the full article: Coin Telegraph

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