SEC and Gemini Temporarily Pause Lawsuit for Potential Settlement

The Securities and Exchange Commission (SEC) and Gemini Trust Co., have agreed to pause their legal battle as they explore a potential settlement agreement. The decision, which marks a significant shift in regulatory interaction with the crypto industry, is welcomed by leading figures like Cameron Winklevoss, co-founder of Gemini. This pause may contribute to easing market tensions and fostering growth within the sector. ientôt, the SEC and Gemini’s joint request for a 60-day suspension of proceedings allows both parties to explore settlement possibilities.